Is this the best quote on the importance of retirement income planning?
"When your outflow exceeds your income, your upkeep becomes your downfall."
The three biggest retirement expenses according to U.S. News & World Report are housing, health care, and taxes. Home equity solutions have unique attributes that make them worthy of consideration. In addition to tax-efficiency, these solutions align with retirees desire to age-in-place.
The video below introduces the notion that holistic wealth management and planning should consider all assets, regardless of their location, so long as the terms of access and liquidation are not prohibitive.
This is the first in a series where we explore home equity solutions as possible options for real life financial challenges facing retired homeowners.
Kent Kopen, CRMP
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