Baby Boomers can use Reverse Mortgages to buy Retirement Homes
Many Baby Boomers have asked about using a Reverse Mortgage to purchase a retirement home, whether it is a better choice than using a conventional loan.
Home Equity
Discussion of how Baby Boomers can utilize home equity for financial benefit.
The ABC’s of HELOCs for Baby Boomers
Most Baby Boomers owe less on their homes than the current market value. This "equity" can be tapped much like a credit card through a Home Equity Line of Credit (HELOC).
Is Home Equity a Big Part of your Boomer Retirement Plan? A Word of Caution.
Most Baby Boomers, myself included, are relying on home equity as a critical part of our retirement funds. But how valid is that assumption?
Homework for Boomers Thinking of Tapping their Home Equity
I'm a Baby Boomer who is thinking of using my home equity to clear up expenses for a rental renovation and other debt. Ideally, I'd like to accomplish this without incurring major…
Should Retired Baby Boomers Homestead Their Homes?
The other day, someone asked, “Should I homestead my home? Does that gain me anything?” Good question. To tell the truth, I wasn’t up on this subject myself, but…