EPISODE · Sep 11, 2024 · 7 MIN
Rethinking Home Equity in Your Retirement Strategy
from Don't F-Up Your Retirement: You Built It. Don't Let Retirement Break It. · host Bonfire Financial | Brian Colvert CFP®
While having a paid-off home is a significant milestone, relying on home equity as a primary retirement asset may not be the best strategy. From the pitfalls of reverse mortgages to the challenges of downsizing, we are breaking down the options and offering practical advice on how to approach homeownership as part of a broader financial plan. Tune in to gain insights on why your home's equity should be viewed as a part of your plan—not the whole plan. Full show notes: https://www.bonfirefinancial.com/home-equity-retirement/ To learn more about Bonfire Financial, please visit: https://www.bonfirefinancial.comDisclosure: https://www.bonfirefinancial.com/disclosure/
What this episode covers
While having a paid-off home is a significant milestone, relying on home equity as a primary retirement asset may not be the best strategy. From the pitfalls of reverse mortgages to the challenges of downsizing, we are breaking down the options and offering practical advice on how to approach homeownership as part of a broader financial plan. Tune in to gain insights on why your home's equity should be viewed as a part of your plan—not the whole plan. Full show notes: https://www.bonfirefinancial.com/home-equity-retirement/ To learn more about Bonfire Financial, please visit: https://www.bonfirefinancial.comDisclosure: https://www.bonfirefinancial.com/disclosure/
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Rethinking Home Equity in Your Retirement Strategy
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