F11: Retirement Security with the Retirement Equity Line of Credit

Most people are familiar with the Home Equity Line of Credit (HELOC). However, not many are aware of the Retirement Equity Line of Credit (RELOC) which has significant benefits over a standard HELOC. The RELOC is specifically designed to involved home equity as part of your overall financial plan. Most financial plans focus on income, assets under management, tax advantages, and insurance. Yet few mention and discuss your home equity. The RELOC can provide peace of mind if you are concerned today, or in the future, about needing additional income or assets. The RELOC can help offset high inflation, fund insurance or long-term care, provide additional income during retirement, offset the loss of income or assets with the illness or passing of a loved one, or provide a pool of tax-free funds for future needs.

Purpose: Learn about the RELOC and how it can help with high inflation and market volatility in order to enhance your overall financial plan and peace of mind in retirement

Facilitator: Mike Crossett