Housing is one of the most critical aspects of retirement planning
and there are many factors to consider – where to live, in what
type of home or community and how will your needs change as
you age.
Home equity represents the biggest source of wealth for most
senior households and many people will need to tap into this
equity to make ends meet but using wealth from your home for
retirement expenses should be carefully considered so that you
can meet your needs now as well as in the future.
Comparisons of Ways to Use Home Equity for Retirement:
Mortgage Refinancing
Downsizing
All About Reverse Mortgages:
Senior Living Options