It's a crucial move to make.
For most Americans, homeownership is a cornerstone of the retirement dream—but it’s also one of the biggest line items in a retiree’s budget. Nearly 80% of people over 60 own their homes, according to ...
As experts warn leasehold homes sold to retirees are 'terrible investments', residents speak of being 'ripped off' with sky ...
Retirement used to mean downsizing and slowing down, but baby boomer retirement trends show it means something more intentional. Instead of defaulting to generic ...
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How to Use Home Equity as Retirement Income
Home equity as retirement income refers to the practice of using the accumulated equity in a homeowner's property to supplement their income during retirement. Home equity is the difference between ...
Some retirees believe they'll need 70% to 80% of preretirement income, but this may underestimate spending needs. Longevity is also underestimated: A healthy 65-year-old may need to fund 30 or more ...
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