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We saved a bundle when we retired and downsized to a condo, but the homeowners association has tripled the fees in the past two years. Now what?

When you and your spouse decided to downsize after retirement, the financial and lifestyle benefits of condo living sounded great. The location was convenient, maintenance was someone else’s job, and ...
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Our HOA is charging us thousands of dollars to fix a broken elevator — how are retired Americans supposed to pay for this?

Older Americans are often advised to swap standalone homes for condos in retirement. Condos can be easier to maintain, since an HOA fee commonly manages common areas. And they tend to be more ...