We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Using the Personal Residence for Retirement Income.
- Authors
Allen Jr., James R.
- Abstract
For many retirees and preretirees, equity in their personal residence is the largest (or at least a substantial) portion of their total wealth. In addition to its being a significant financial asset, deciding what to do with the family home carries extensive emotional impact for the client. This article analyzes the financial and emotional implications of using equity in the personal residence for retirement income purposes. A variety of strategies are covered to provide a framework for helping the client make informed decisions about using his or her home as a financial asset in retirement.
- Subjects
RETIREMENT income planning; RETIREES; FINANCIAL planning; FINANCIAL planner-client relationships; CLIENT relations; RETIREMENT planning; FINANCE
- Publication
Journal of Financial Service Professionals, 2015, Vol 69, Issue 4, p71
- ISSN
1537-1816
- Publication type
Article