How to Use Home Equity in Retirement

On the 27th episode of the Retirement Explained show, I’m talking about how to use your home equity in retirement.

A significant portion of a person’s net worth is made up through the value of their homes and I think that a part of a good financial plan should consider the equity in your home when it comes to planning for retirement.

In this episode, I discuss what is home equity, and the four ways to utilize it in a way that will help you to retire early and/or retire better.

I discuss how you can downsize and invest the remaining funds, you can sell your home and move to a cheaper location, I discuss reverse mortgages, and what home equity lines of credits are.

-Brian