Housing in Retirement

There has been an assumption made by many when looking forward to their retirement: they would downsize their home and pocket the savings. After all, most people have a small (if any) amount saved up for retirement. For those who are fortunate enough to own a home, that home is their largest asset. Cashing in at least part of that asset might be the only way for them to have cash above and beyond their Social Security income. 

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