The Role of Your Home in Retirement
Retirement Income from Your Home
Many people have paid off their home mortgages before retirement. Your home can be a source of retirement income, but these techniques must be approached with caution. There are two ways your home can help you generate income in retirement:
IMPORTANT NOTE: Both of these techniques are typically used when people can't make ends meet with their other retirement funds.
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*Non-deposit investment products and services are offered through Sorrento Pacific Financial, LLC ("SPF"), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through SPF: are not FDIC or otherwise federally insured, are not a deposit or guarantee of the bank, and may involve investment risk including possible loss of principal. Investment Representatives are registered through SPF. The bank has contracted with SPF to make non-deposit investment products and services available to bank clients.