{"id":9493,"date":"2018-08-13T21:31:17","date_gmt":"2018-08-13T21:31:17","guid":{"rendered":"\/?p=9493"},"modified":"2019-09-23T16:54:36","modified_gmt":"2019-09-23T16:54:36","slug":"experts-suggest-using-your-home-to-fund-retirement-plans-2","status":"publish","type":"post","link":"https:\/\/findyourcoveragepolicy.com\/insurance\/life-insurance\/experts-suggest-using-your-home-to-fund-retirement-plans-2\/","title":{"rendered":"Using Your Home to Fund Retirement Plans"},"content":{"rendered":"<p>For many retirees, the idea of giving up their family home is a tough proposition to accept. But according to Steven Sass, a research economist at the Center for Retirement Research at Boston College, that\u2019s exactly what\u2019s needed for many individuals to afford retirement.<\/p>\n<p>&#8220;People have a serious behavioral resistance to touching their savings or home equity in retirement,&#8221; Sass told CNBC. \u201cWe think a lot more retirees need to think about using their house for income.\u201d<\/p>\n<p>According to the latest University of Michigan Health and Retirement study \u2013 conducted in 2010 \u2013 the average household entering retirement has a net worth of just over $300,000, including their home.<\/p>\n<p><a href=\"http:\/\/www.cnbc.com\/id\/102593664\" target=\"_blank\" rel=\"noopener noreferrer\">Continue to original source.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For many retirees, the idea of giving up their family home is a tough proposition to accept. But according to Steven Sass, a research economist at the Center for Retirement Research at Boston College, that\u2019s exactly what\u2019s needed for many individuals to afford retirement. &#8220;People have a serious behavioral resistance to touching their savings or [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24763,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[187],"tags":[],"_links":{"self":[{"href":"https:\/\/findyourcoveragepolicy.com\/wp-json\/wp\/v2\/posts\/9493"}],"collection":[{"href":"https:\/\/findyourcoveragepolicy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/findyourcoveragepolicy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/findyourcoveragepolicy.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/findyourcoveragepolicy.com\/wp-json\/wp\/v2\/comments?post=9493"}],"version-history":[{"count":0,"href":"https:\/\/findyourcoveragepolicy.com\/wp-json\/wp\/v2\/posts\/9493\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/findyourcoveragepolicy.com\/wp-json\/wp\/v2\/media\/24763"}],"wp:attachment":[{"href":"https:\/\/findyourcoveragepolicy.com\/wp-json\/wp\/v2\/media?parent=9493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/findyourcoveragepolicy.com\/wp-json\/wp\/v2\/categories?post=9493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/findyourcoveragepolicy.com\/wp-json\/wp\/v2\/tags?post=9493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}