Why Separate Equity…
from the Walls of Your Home?
For the most part Americans accumulate most of their money in two places, their Home and Qualified Retirement Plans.
As we look at most Americans, they accumulate most of their money in two places, their Qualified Retirement Plans and also their Home.
We find that a lot of people just simply don’t do a very good job managing their Retirement Plan nor do they do a very good job managing the Equity in their Home.
What many people don’t understand is when we leave Equity trapped in the walls of our Home, we incur a COST, but we call it a lost Opportunity Cost.
The idle “Make Believe Dollars” in the walls of your Home doing nothing could be put to work earning you something.
Why in the world would you want to have the Equity removed from your Home?
There are actually three primary reasons:
These three elements are also commonly used as the test of a Prudent Investment.
If you understand how to manage Equity properly to increase Liquidity, Safety, Rate of Return in addition to maximize those Tax Deductions we have, it can make a difference on just a $150,000 Home 30 years down the road of an extra 1.3 Million, or even 2.3 Million Dollars of extra money you could accumulate just by managing Equity.
And, if that’s true on a 150,000 Dollar Home what if your Home is worth 300,000 or if it’s worth a Million?
