Home Equity and Retirement

The Importance of Home Equity in Retirement Planning... If you have been following us for a while, you have seen our posts about how a home increases your wealth - and how your "investment" grows while providing a place to live. As you start planning retirement most can look forward to social security, investment plan distributions and, if lucky, career related retirement benefits. No matter what your situation, if you have equity in your home you can count on that too. It could mean using the equity for a reverse mortgage, selling your home and moving on - or even aging in place with mortgages that are paid off if you started early enough - or mortgages payments that will continue to increase your equity and one day be paid off. There are so many options and possibilities. Owning is a great option! No matter how you look at it - paying rent will leave you with receipts and a payment due next month. Are you in? For more, have a look at today's article