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GOBankingRates
GOBankingRates
Jordan Rosenfeld

How Much Home Equity Should a Social Security-Only Retiree Consider Tapping?

LightField Studios / Shutterstock.com

Many retirees who rely primarily or entirely on Social Security assume their home equity is a financial safety net they can tap when monthly income falls short. But mortgage and real estate experts say that assumption can be dangerous without a clear plan, especially as taxes, insurance and healthcare costs rise faster than benefits.

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