The Role of Your Home in Retirement
- Introduction
- Price Trade-Down in Your Residence
- Retirement Income from Your Home
- Reverse Mortgage
- Sale and Leaseback of Your Home
Retirement Income from Your Home
Many people have paid off their home mortgages before retirement. Your home can be a source of retirement income, but these techniques must be approached with caution. There are two ways your home can help you generate income in retirement:
IMPORTANT NOTE: Both of these techniques are typically used when people can't make ends meet with their other retirement funds.
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Investment and insurance products and services are offered through Osaic Institutions, INC. Member FINRA/SIPC. TMB Financial Solutions is a trade name of The Milford Bank. Osaic and The Milford Bank are not affiliated.
| NOT A DEPOSIT | NOT FDIC INSURED | NOT GUARANTEED BY THE BANK |
| NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY | MAY GO DOWN IN VALUE | |
