Monday, September 24, 2007

Don't Count on Your Home for Retirement Cushion

from The Wall Street Journal Online:

If the current turmoil in the housing and credit markets tells us anything about retirement planning, it should be this: Think twice about how big a role your home will play in subsidizing your future.

If the value of your home falls -- which many Americans had come to assume would never happen -- there's less equity to help finance your retirement.

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