Even if you began saving late or have yet to begin, it’s important to know that you are not alone, and there are steps you can take to increase your retirement savings.
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.