How to Use Home Equity to Fix Retirement
More strategies to supplement a retirement shortfall.
More strategies to supplement a retirement shortfall.
In a previous article, I addressed the issue of retirees whose nest eggs have dropped to the point of threatening their long-term financial stability. I discussed two potential solutions: the Band-Aid approach, in which retirees make small living adjustments, and immediate annuities, which provide retirees a stable income. In this article, I will present a third solution: home equity.