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Tapping home equity in retirement has advantages and pitfalls: Harvard researcher

Housing Wire

“If you could use your home equity to make your life better — to buy hearing aids, for example — maybe that’s a good investment.” By 2040, it is estimated that 20 percent of the population will be over 65 years old,” said HUD Secretary Marcia Fudge in August 2022. . “But what constitutes an emergency?”