Tag: home equity
To see if attitudes are changing about the potential for using one’s home to cover living expenses in retirement, the Center for Retirement Research commissioned a survey that examined the house as a potential source of retirement income. Harris Interactive ® conducted the study online within the United States between January 24 and February 2,…
Introduction Many of today’s workers are at risk of having insufficient resources in retirement. The reason for this gloomy picture is a rapidly changing retirement landscape defined by a rising Social Security retirement age, a sharp decline in traditional pensions coupled with modest 401(k) balances, and longer life spans. Yet, in spite of these trends,…