Tag: homeownership
Abstract As retirees live longer, spend more on medical care, and get less income replaced by Social Security, many may need to tap their home equity to be comfortable in retirement. The most direct way to access home equity is downsizing, but few choose this option because they generally prefer to stay in their house.&nbs…
Almost 55% are at risk of not being able to maintain their lifestyle in retirement. Increasingly, commentary and studies are focusing on the trends in retirement well-being over the last decade. Last week’s blog post showed that the wealth for households in the middle of the wealth distribution actually declined for Late Boomers in their…
