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Why you might want a line of credit on your house before you retire
Manage episode 312117566 series 3221675
Innhold levert av Andrew Johnson. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Andrew Johnson eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
A lot of people have the goal to pay off their house before they retire, but there is a slight problem with that; once the house is paid off, you lose access to the money and the equity in your house. In this episode, we discuss why it might make sense to get a line of credit on your house before you retire (while you are still making a good income). This can substantially increase your financial freedom when you retire and unlock one of your biggest assets.
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