Find out the three key ways to tap your home equity in retirement. CPA Al Clopine points out the benefits of downsizing your home, considering a reverse mortgage, and the importance of an emergency fund.
0:18 “By [downsizing your home] you can reduce your mortgage and potentially end up with more cash in your pocket to invest and create more income”
0:34 “Who should consider a reverse mortgage and who shouldn’t?”
0:44 “[Emergency fund] is kind of like plan B if you will, in other words only accessing it if you need to with long term care or some kind of health event”
