Did you know that your home is probably your largest retirement asset?
If you have spent your working life as a homeowner in Southern California, you probably have built up significant equity in your home. As you approach your early 60s and you’re getting ready to retire, what should you do with your home?
Is it smart to stay put and leave your home to your kids? Does it make sense to downsize or move out of state? Finally, what if you don’t have significant retirement assets—is it wise to do a reserve mortgage?