Home Equity accounts for the majority of net worth for many older adults in America, as we covered here. Tapping into home equity to finance retirement can be a great way for older adults to age in place, without compromising on lifestyle.
There are several options to access home equity, but navigating the different models can be difficult, especially for older adults who in many cases are budgeting on a fixed income. This guide offers a simple comparison of the options available to older adults for accessing home equity without leaving the home. In each category, we've also provided links to resources that go a step further in detail.