How To Retire On The House

If you are planning to retire, your own home is a perfect source for retirement income. Real-Estate expert, Andrew James McLean, explains in clear, simple terms, several options for tapping your home’s built-in equity–which usually is more valuable than a company pension or social security. Advantages of reverse-annuity mortgage; Boost your income by refinancing, or a second-mortgage loan; reap the benefits of the sale-lease-back; and guidelines on cutting taxes, buying or renting a replacement home.