Home equity is a powerful risk management tool that many higher net-worth individuals and their advisors are starting to explore. Historically, financial professionals ignored home equity in retirement planning for a simple reason – there was no effective way to access it. Not long ago, the only ways to exploit home equity were to sell the home or refinance it and take on a monthly payment obligation.
Originally published by Advisor Perspectives on July 25, 2022. Read full article here. Comments are closed.
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