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Reverse Mortgage Info Knowledgebase » Listing Details |
| ID: | 109 |
| Title: | Do People Plan to Tap Their Home Equity in Retirement? - http://www.bc.edu/centers/crr/ib_7-7.shtml |
| Pagerank: | N/A |
| Description: | Paper from Boston College Center for Retirement Research reports on a survey that asks older working people today the role they think their house will play in their future. The results show that most households do not plan to access their home equity to cover regular living expenses. The house is seen as insurance against old-age contingencies and as a way to leave a bequest to children or charity. But the characteristics of those who say “yes” to tapping home equity suggest that more will do so in the future. |
| Category: | Academic Research: Reverse Mortgage: General Retirement Issues |
| Link Owner: | Center for Retirement Research at Boston College |
| Date Added: | May 28, 2007 02:53:41 PM |
| Number Hits: | 4 |
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