5 Smart Ways to Boost Your Retirement Income with Home Equity

Sell and invest the proceeds

Multi-generational housing, where grandparents, parents, and children live together, is becoming increasingly common. It is not only a salient way to save money but also brings the entire family closer together, which can be particularly beneficial for young children. If your son or daughter is okay with the idea, you can sell your house, invest the entire proceeds, and move in with their family.