Category Archives: Prepare and plan for retirement

Is Relying On Home Equity For Retirement A Good Idea?

Friends of Indonesia (FOI) Posted on by

Your home is probably your largest and most valuable asset. But is it wise to use your home equity to fund your retirement? Some financial advisors may suggest that home equity loans, reverse mortgages or home equity lines of credit (HELOCs) are good methods for accessing the funds you have tied up in your home and allowing you to live comfortably in retirement, but there may be more risks associated with this practice than what first comes to mind. Survey … Continue reading →

Retiring Soon? 10 Things to Consider First

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If you plan to retire soon or are at least considering it, now is a good time to check your retirement readiness by reviewing these 10 essential pre-retirement questions and to-dos. Getting clarity on each of these will go a long way to help ensure your able to live the retirement lifestyle you desire. 1. How Will You Fill All Those Leisure Hours After You Quit Job? Your finances alone shouldn’t drive your retirement decisions. Certainly, it can be appealing to dream … Continue reading →