“(never on old cart)
Most people reaching retirement age have savings in a 401(k) account or otherwise that are inadequate to meet their consumption needs during retirement.
“”Gain insight into how the use of HECMs and a coordinated drawdown strategy can buttress the effects of market volatility and longevity for many more retirees than previously thought.”””
Integrating Home Equity and Retirement Savings Through the “Rule of 30” – Neuwirth and Sacks