House with Sold sign in front yard

Making Housing Decisions in Retirement

Having a plan to meet housing needs is an important part of your retirement income strategy. A home provides you with an anchor, a place of shelter, memories, and nearness to friends and community. Homes are also a major source of wealth for retirees and near retirees. Home equity typically provides between 45 and 75% of median household net worth when approaching retirement.

Pile of pennies spilling out of jar on table

Building Retirement Income Strategies

While there are a number of ways to maximize your retirement assets, you need to ensure you plan ahead for your future. Your retirement plan should include guaranteed income, growth potential and flexibility. In general, retirement income can come in many forms.