Home equity is helping retirees as savings fall short
Real Estate
Baby boomers, who make up the bulk of retirees , are sitting on a record $19 trillion in real estate wealth . For many, that home equity now dwarfs what they’ve been able to accumulate in traditional retirement accounts, turning their real estate portfolio into the single largest component of their net worth . A new report from the National Institute on Retirement Security finds home equity accounts for about one-third of retirees’ financial assets, while traditional retirement savings
din zilele anterioare