Why fewer retirees will be tapping home equity in the years ahead
Why fewer retirees will be tapping home equity in the years ahead
For all the talk about the importance of retirement savings, home equity is the biggest asset for most retirees. In 2016, 79 percent of households aged 65-74 owned their primary homes, while only 50 percent held retirement accounts, according to the Federal Reserve.
But a new report points …