Relying on home equity for retirement? You could be facing a shortfall
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Some retirees may be relying on their home equity to support them in retirement, but this strategy could lead to a financial shortfall. The use of home equity as a retirement funding source appears to be increasingly common, possibly due to limited traditional retirement savings. However, experts seem to be cautioning that relying solely on home equity may not be a reliable or sufficient plan for a secure retirement.
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