Property wealth alone won’t secure your retirement, experts warn
Homeowners are being urged to look beyond house value when planning for retirement as property values plateau.
Having significant home equity doesn't automatically translate into financial security for retirement. As the property market cools, homeowners with mortgages may find their debt now costs more relative to their asset value. Experts suggest reviewing mortgage arrangements and broader wealth strategies beyond real estate to prepare for retirement.
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Stuff
Wealth requires more than a house. What to do amid the property market plateau
Being wealthy on paper doesn’t always translate into a decent retirement.
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