Home equity may be a solution for retirees battling inflation
With inflation at a 40-year high, many Americans are struggling to make ends meet. Inflation can be particularly problematic for retirees, forcing some to tap their long-term investments much earlier than expected to cover the rising costs of living.
In addition to rising costs, inflation has sparked unpredictable investment markets, record-high stock market volatility and rate increases by Federal Reserve this year. What’s more, most older Americans are not financially prepared for the rise i