{"id":4299,"date":"2022-08-18T05:00:12","date_gmt":"2022-08-18T10:00:12","guid":{"rendered":"https:\/\/nwiloanguy.com\/blog\/planning-to-retire-your-equity-can-help-you-reach-your-goal\/"},"modified":"2022-08-18T05:00:12","modified_gmt":"2022-08-18T10:00:12","slug":"planning-to-retire-your-equity-can-help-you-reach-your-goal","status":"publish","type":"post","link":"https:\/\/nwiloanguy.com\/blog\/planning-to-retire-your-equity-can-help-you-reach-your-goal\/","title":{"rendered":"Planning To Retire? Your Equity Can Help You Reach Your Goal."},"content":{"rendered":"<p><img data-recalc-dims=\"1\" decoding=\"async\"  src=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2022\/08\/17092510\/20220818-KCM-Share-549x300.jpg?w=358&#038;ssl=1\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"Planning To Retire? Your Equity Can Help You Reach Your Goal | Simplifying The Market\" loading=\"lazy\" style=\"margin-bottom: 5px;clear:both;max-width: 100%\" \/><\/p>\n<p>Whether you\u2019ve just retired or you\u2019re thinking about retirement, you may be considering your options and trying to picture a whole new stage of your life. And you\u2019re not alone. <a href=\"https:\/\/ritaus.org\/2022-retirement-stats-you-should-know\/\" target=\"_blank\" rel=\"nofollow noopener\">Research<\/a> from the <em>Retirement Industry Trust Association <\/em>(RITA) shows 10,000 Baby Boomers reach the typical retirement age (65) every day, and only 47% of the people in that generation have already retired.<span id=\"more-47024\"><\/span><\/p>\n<p>If this sounds like you, one thing worth considering is whether or not your current home will suit your new lifestyle. If your home doesn\u2019t have the features or benefits you\u2019re looking for, the good news is, you may be in a better position to move than you realize.<\/p>\n<p>That\u2019s because, if you already own a home, you\u2019ve likely built-up significant <a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/07\/06\/how-your-equity-can-grow-over-time\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener\">equity<\/a>, and that can help you fuel your next move. <a href=\"https:\/\/www.nar.realtor\/blogs\/economists-outlook\/metro-wealth-reports-as-of-2022-q1\" target=\"_blank\" rel=\"nofollow noopener\">According<\/a> to the <em>National Association of Realtors <\/em>(NAR):<\/p>\n<blockquote>\n<p><em>\u201cA homeowner who purchased a typical home five years ago would have <strong>gained $125,300 from just price appreciation alone<\/strong>.\u201d<\/em><\/p>\n<\/blockquote>\n<p>In fact, over the last twelve months, <em>CoreLogic <\/em><a href=\"https:\/\/www.corelogic.com\/intelligence\/homeowner-equity-insights\/\" target=\"_blank\" rel=\"nofollow noopener\">reports<\/a> the average homeowner in the United States gained roughly $64,000 in equity due to <a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/07\/25\/whats-causing-ongoing-home-price-appreciation\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener\">home price appreciation<\/a>.<\/p>\n<p>You can use your equity to help you achieve your <a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/08\/01\/why-are-people-moving-today\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener\">homeownership goals<\/a>. Whether you want to downsize, move closer to loved ones, or buy a home in a dream destination, your <a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/07\/08\/why-growing-home-equity-is-great-news-if-you-plan-to-move-infographic\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener\">equity<\/a> can help get you there. It may be some (if not all) of what you\u2019d need as your down payment on a home that better fits your changing needs.<\/p>\n<p><strong>To find out how much equity to have in your home, reach out to a trusted <\/strong><a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/05\/23\/work-with-a-real-estate-professional-if-you-want-the-best-advice\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener\"><strong>real estate professional<\/strong><\/a><strong> today. <\/strong><strong>\u00a0<\/strong><\/p>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>Retirement is a big step and so is buying or selling a home. As you move into this new phase of life, let&#8217;s connect so you have an expert to guide you through the process as you sell your current home and give you expert advice as you buy\u00a0one that\u2019ll better suit your needs.<\/p>\n<p>Source: New feed<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Whether you\u2019ve just retired or you\u2019re thinking about retirement, you may be considering your options and trying to picture a whole new stage of your life. And you\u2019re not alone. Research from the Retirement Industry Trust Association (RITA) shows 10,000 Baby Boomers reach the typical retirement age (65) every day, and only 47% of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4300,"comment_status":"false","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10157519356927224_105287467588662":"","twitter_15771620_15771620":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[54],"class_list":{"0":"post-4299","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-info","8":"tag-100-financing","9":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Planning To Retire? 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