How to Use Your Home Equity to Live Better in Retirement
Home equity can give you access to additional income through loans or lines of credit. However, there's no one-size-fits-all solution.
Overview
As buyers struggle to cope with high interest rates and inflated home prices, there's a silver lining for existing homeowners -- particularly seniors. Housing wealth among homeowners age 62 and older increased in the first few months of 2026 to a record $14.92 trillion.
Still, the high cost of living can hit anyone, even those with supplemental sources of income like Social Security benefits, a pension, or a retirement account. If that's the situation you find yourself in, here are three options you may want to consider.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.