Planning for retirement income can be complicated by choices like downsizing or reverse mortgages.  The Center for Retirement Research has published a useful booklet, Using Your House for Income in Retirement, to assist you with this important financial decision.

“Using Your House reviews the two most common ways to use your house to boost your income in retirement – downsizing and a reverse mortgage – with clear examples, a discussion of the pros and cons of each approach, and links to tools on the web where you can get estimates of what downsizing or a reverse mortgage can do for you.”

PDF of booklet

© 2014, by Trustees of Boston College, Center for Retirement Research. All rights reserved.