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Rithm Capital Employees: Navigating the Downsizing Journey in Retirement for a Simpler Life

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Healthcare Provider Update: Healthcare Provider for Rithm Capital Rithm Capital primarily operates as a real estate investment trust (REIT) focused on affordable housing and mortgage finance, rather than directly providing healthcare services. However, it can be involved indirectly in the healthcare sector through investments or partnerships that align with its business model. Potential Healthcare Cost Increases in 2026 As we look ahead to 2026, significant increases in healthcare costs are anticipated, largely driven by record-setting premium hikes in the Affordable Care Act (ACA) marketplace. Many states will see premium increases surpassing 60%, with factors such as rising medical costs, the potential expiration of enhanced federal premium subsidies, and aggressive pricing strategies from top insurers contributing to these shifts. Without congressional action on subsidies, it's estimated that over 22 million enrollees could face a staggering average rise of more than 75% in out-of-pocket premiums, a scenario that could drastically affect access to affordable healthcare for millions of Americans. Click here to learn more

Kay and Jim Schlembach are exemplary figures in the growing trend of later-life downsizing. After Jim concluded a distinguished 62-year career, the couple moved from their spacious 3,200-square-foot home in Clifton Park, New York, to a more manageable 850-square-foot condo in Richmond, Virginia. Their decision reflects a significant and often challenging decision-making process about aging and living arrangements, driven by a desire to simplify their lives without burdening their children.


The National Association of Realtors notes that baby boomers represent the majority of home sellers and buyers in the U.S., a trend mirrored in the experiences of many Rithm Capital retirees.  The Schlembachs' property attracted over 200 visitors and ten offers above the asking price shortly after listing, highlighting the strong demand for smaller, more manageable living spaces.

Downsizing is a decision influenced by emotional, physical, economic, and geographic considerations. Understanding your home's value is a critical first step, achievable through online tools and consultations with local real estate experts. Choosing an agent should focus on professional expertise and knowledge of the local market, as these factors greatly influence the success of the sale.

Professional guidance can be invaluable during the complex process of selling a home.  While 10% of homeowners opt to sell without an agent, saving on commission costs, this choice can lead to lower sale prices, increased effort, and additional stress.  Recent changes in real estate law have also made commission rates more negotiable, potentially affecting the cost of selling your home.


Understanding today's housing market is crucial. Jerome Powell, chairman of the Federal Reserve, has indicated a market shortage, complicating downsizing plans. The costs associated with downsizing, including higher prices for smaller homes and increased taxes and fees, should not be underestimated.

Preparation for moving, including decluttering to fit into a smaller space, is essential and can facilitate the moving process and enhance your home’s marketability. Effective staging can lead to a quicker and more profitable sale.

Deciding to downsize earlier provides greater freedom and flexibility. Delaying this decision can make it more urgent, particularly as one's mental and physical capabilities diminish. It is also important to understand the original cost basis of your home and potential tax implications of selling, like capital gains tax. Unexpected costs, such as those from developments in states favorable to retirees, can make moving financially impractical.

Downsizing involves a series of complex decisions and preparations, all of which should be carefully considered to ensure a wise choice in the long term. This includes assessing market conditions, preparing the property for sale, understanding financial implications, and considering personal readiness for such a change.

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Local economic trends significantly affect property values, and retirees looking to sell their homes should consider these trends. A U.S. Census Bureau estimate from 2022 suggests that areas with an increasing senior population often see heightened demand for smaller, more manageable homes. Timing property sales correctly can maximize financial returns, helping retirees secure a more comfortable and stable retirement.

Leverage our comprehensive resource to learn from experts about retirement downsizing. Discover effective strategies for listing your home, recognizing market trends, and making informed financial decisions. This guide provides insightful advice for retirees, especially those from Rithm Capital, aiming to simplify their living arrangements while maximizing property value. From choosing the right real estate agent to understanding tax implications and organizing tips, ensure a smoother transition into retirement with these practical insights and real-life examples.

Selling your home to downsize in retirement is similar to an experienced skipper setting sail for a more tranquil harbor. Just as a captain relies on nautical charts, weather forecasts, and knowledge of their ship before leaving a bustling port, retirees must consider market trends, financial impacts, and practical steps in selling their homes. Each decision, from selecting the right agent to timing the market and organizing your home, smoothens the transition to retirement living, securing your financial future and peace of mind.

What type of retirement savings plan does Rithm Capital offer to its employees?

Rithm Capital offers a 401(k) retirement savings plan to its employees.

Does Rithm Capital match employee contributions to the 401(k) plan?

Yes, Rithm Capital provides a matching contribution to employee contributions, subject to certain limits.

What is the maximum employee contribution percentage allowed in Rithm Capital's 401(k) plan?

Employees at Rithm Capital can contribute up to the IRS limit, which is typically a percentage of their salary, currently up to 100% of their eligible compensation, not exceeding the annual limit set by the IRS.

When can employees at Rithm Capital enroll in the 401(k) plan?

Employees at Rithm Capital can enroll in the 401(k) plan during the initial onboarding process or during the annual open enrollment period.

Are there any fees associated with Rithm Capital's 401(k) plan?

Yes, Rithm Capital's 401(k) plan may have administrative fees, investment fees, and other costs, which are disclosed in the plan documents.

Can employees at Rithm Capital take loans against their 401(k) savings?

Yes, Rithm Capital allows employees to take loans against their 401(k) savings, subject to specific terms and conditions.

What investment options are available in Rithm Capital's 401(k) plan?

Rithm Capital offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to suit different risk tolerances.

Is there a vesting schedule for Rithm Capital's 401(k) matching contributions?

Yes, Rithm Capital has a vesting schedule for matching contributions, which means employees must work for a certain period before they fully own the matched funds.

How can employees at Rithm Capital access their 401(k) account information?

Employees can access their 401(k) account information through the online portal provided by Rithm Capital's 401(k) plan administrator.

What happens to the 401(k) savings if an employee leaves Rithm Capital?

If an employee leaves Rithm Capital, they can either roll over their 401(k) savings into another retirement account, cash out, or leave the funds in the Rithm Capital plan if permitted.

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For more information you can reach the plan administrator for Rithm Capital at , ; or by calling them at .

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