How To Use Your Home To Fund Retirement Plans

How To Use Your Home To Fund Retirement Plans

The idea of staying in the family home may be a comforting thought for people heading into retirement, but for many Americans it's probably a bad idea.

The median two-person household entering retirement has a net worth of a just over $300,000, with a home—or equity in one—representing more than half of their assets, according to the latest University of Michigan Health and Retirement Study, conducted in 2010.

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