Publications

Starting to Understand the Potential Role of Home Equity in Enhancing Retirement Security

The Baby Boom generation possesses enormous home equity, which by some estimates exceeds $6 trillion. Despite this mountain of housing wealth, many Boomers will face financial insecurity in retirement.

In the first of a series of studies sponsored by Fannie Mae, the Urban Institute examines the potential role of home equity in improving retirement security. The research paper analyzes how much home equity older households have, the rates at which they tap into that equity, how much housing debt they have, and how these patterns differ over time and across various subgroups. The authors’ analyses highlight opportunities and challenges that Boomers will likely face in making housing wealth a part of their retirement income strategy.

Leran about the study in the related Perspective, and read the full paper below.

Starting to Understand the Potential Role of Home Equity in Enhancing Retirement Security