U.S. Census Bureau data shows an average married couple aged 65 years old has nearly 68 percent of their wealth tied up in their home equity. To this point, Jamie Hopkins, associate professor of ...

If you're a homeowner over age 62, you may be sitting on your biggest financial asset while struggling to pay your bills. With inflation squeezing those with fixed incomes and retirement savings ...

One option for people in such situations is to take out a reverse mortgage, which lets them draw on their home equity while ...

For many seniors, one of the biggest concerns when approaching retirement is what to do with their home. Two of the most common options are taking out a reverse mortgage or selling their home outright ...