{"id":514052,"date":"2023-01-14T18:00:23","date_gmt":"2023-01-14T18:00:23","guid":{"rendered":"https:\/\/omni48.com\/?p=514052"},"modified":"2023-01-14T23:41:18","modified_gmt":"2023-01-14T23:41:18","slug":"3-reasons-you-shouldn-t-count-your-house-as-part-of-retirement-income","status":"publish","type":"post","link":"https:\/\/omni48.com\/news\/3-reasons-you-shouldn-t-count-your-house-as-part-of-retirement-income","title":{"rendered":"3 Reasons You Shouldn&#8217;t Count Your House as Part of Retirement Income"},"content":{"rendered":"<p>Image source: Getty Images New year, new savings. You&#8217;re one of the lucky Americans who owns a home that appreciates. That means you&#8217;ll have plenty of home equity to cash out for retirement &#8212; huzzah! Hang on. You may be making a mistake. Should you really be counting your house as part of your retirement income? After all, you&#8217;ll need somewhere to live in retirement. And your family may be depending on you to keep the house. Financial advisors typically don&#8217;t count house value as part of retirement income. Here are three reasons you shouldn&#8217;t, either. 1. You&#8217;ll need somewhere to live in retirement My friend, a 40-something-year-old mother of two, shuffled into the dining room, dejected. Her financial advisor just told her she has less money saved than she thought &#8212; that she shouldn&#8217;t count her house as part of her retirement income. The reason: Even in retirement, she&#8217;ll need to live somewhere. The future is uncertain. She may<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prepare for uncertainty before retirement.<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,47],"tags":[],"class_list":["post-514052","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate"],"acf":[],"_links":{"self":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/514052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/comments?post=514052"}],"version-history":[{"count":0,"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/514052\/revisions"}],"wp:attachment":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/media?parent=514052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/categories?post=514052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/tags?post=514052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}