It’s no secret that life has gotten more expensive. From groceries and healthcare to insurance and everyday bills, making your money stretch can feel harder than it used to — especially as you approach or enjoy retirement.
But while the cost of living has climbed, something else has grown over the years: home values.
If you’ve owned your home for a long time, you may be sitting on more equity than you realize. And that equity could offer new possibilities for managing expenses, creating breathing room in your budget, or simply feeling more financially prepared for what’s ahead.
In this short video, we take a look at how the financial picture has changed since 1990 — and why your home may be one of the most valuable resources worth considering today.
Want to explore the bigger picture? Read our blog, Retirement Looks Nothing Like It Did in 1990. Here’s What Still Works in Your Favor, to learn more about the changes shaping retirement today and how home equity could fit into your financial future.