Is Home Equity Under-used in Retirement Planning? YES! episode artwork

EPISODE · Feb 12, 2019 · 21 MIN

Is Home Equity Under-used in Retirement Planning? YES!

from The Josh Scandlen Podcast · host Josh Scandlen

the majority of retirees, if not the VAST MAJORITY, have significantly more wealth in their home than they do in financial assets.  Retirees in the lowest 3 quintiles of wealth all have more, significantly more, wealth in their homes than any other asset.  In fact, even folks in the 4th wealthiest quinitle, their financial assets just equal their home asset. It's only the richest quintile of retirees who have more financial assets than home equity assets. Thus, to NOT consider using home equity makes no sense for most households.   This does not mean run out there and sign away. But it's important to understand these products and how they can impact, to the positive, your retirement planning.  http://crr.bc.edu/wp-content/uploads/2017/02/IB_17-6.pdf https://crr.bc.edu/ ================================ If you like what you see, a thumbs up helps A LOT. It tells YouTube that people are engaged and so the Youtube algorithm will show the video to others who may be interested in the content. So, give me a thumbs up, please! Don't forget to SUBSCRIBE by clicking here: https://www.youtube.com/channel/UCSEzy4i9xrKPoaU9z0_XbmA?sub_confirmation=1 My Amazon Product page:  https://www.amazon.com/shop/heritagewealthplanning Anything you buy there Amazon pays me a commission.  Much appreciated! If you received value from this video and/or channel, and want to say thanks, feel free to send a donation via Paypal. I'm not too proud to ask! https://bit.ly/2Gq1QsE Contact me: [email protected] GET MY BOOKS:   ALL are FREE to Kindle Unlimited Subscribers! The Tax Bomb In Your Retirement Accounts: How The Roth IRA Can Help You Avoid It https://amzn.to/2LHwQpt Strategic Money Planning: 8 Easy Ways To Put Your House In Order https://amzn.to/2wKGi50 State by State Tax Guide For Retirees: https://amzn.to/2A1TmkH GET ALL MY LATEST BLOGPOSTS: https://heritagewealthplanning.com PODCAST: https://itunes.apple.com/us/podcast/josh-scandlen-podcast/id1368065459?mt=2 http://heritagewealthplanning.com/category/podcasts/ LET'S SOCIALIZE! Facebook: http://Facebook.com/heritagewealthplanning Linkedin: https://www.linkedin.com/in/joshscandlen/ Quora: https://www.quora.com/profile/Josh-Scandlen Google +: https://plus.google.com/u/1/108893802372783791910

the majority of retirees, if not the VAST MAJORITY, have significantly more wealth in their home than they do in financial assets.  Retirees in the lowest 3 quintiles of wealth all have more, significantly more, wealth in their homes than any other asset.  In fact, even folks in the 4th wealthiest quinitle, their financial assets just equal their home asset. It's only the richest quintile of retirees who have more financial assets than home equity assets. Thus, to NOT consider using home equity makes no sense for most households.   This does not mean run out there and sign away. But it's important to understand these products and how they can impact, to the positive, your retirement planning.  http://crr.bc.edu/wp-content/uploads/2017/02/IB_17-6.pdf https://crr.bc.edu/ ================================ If you like what you see, a thumbs up helps A LOT. It tells YouTube that people are engaged and so the Youtube algorithm will show the video to others who may be interested in the content. So, give me a thumbs up, please! Don't forget to SUBSCRIBE by clicking here: https://www.youtube.com/channel/UCSEzy4i9xrKPoaU9z0_XbmA?sub_confirmation=1 My Amazon Product page:  https://www.amazon.com/shop/heritagewealthplanning Anything you buy there Amazon pays me a commission.  Much appreciated! If you received value from this video and/or channel, and want to say thanks, feel free to send a donation via Paypal. I'm not too proud to ask! https://bit.ly/2Gq1QsE Contact me: [email protected] GET MY BOOKS:   ALL are FREE to Kindle Unlimited Subscribers! The Tax Bomb In Your Retirement Accounts: How The Roth IRA Can Help You Avoid It https://amzn.to/2LHwQpt Strategic Money Planning: 8 Easy Ways To Put Your House In Order https://amzn.to/2wKGi50 State by State Tax Guide For Retirees: https://amzn.to/2A1TmkH GET ALL MY LATEST BLOGPOSTS: https://heritagewealthplanning.com PODCAST: https://itunes.apple.com/us/podcast/josh-scandlen-podcast/id1368065459?mt=2 http://heritagewealthplanning.com/category/podcasts/ LET'S SOCIALIZE! Facebook: http://Facebook.com/heritagewealthplanning Linkedin: https://www.linkedin.com/in/joshscandlen/ Quora: https://www.quora.com/profile/Josh-Scandlen Google +: https://plus.google.com/u/1/108893802372783791910

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Is Home Equity Under-used in Retirement Planning? YES!

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This episode was published on February 12, 2019.

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the majority of retirees, if not the VAST MAJORITY, have significantly more wealth in their home than they do in financial assets.  Retirees in the lowest 3 quintiles of wealth all have more, significantly more, wealth in their homes than any other...

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