When I told my 19-year-old son that I’d decided to sell the house he’d grown up in, his usual tough-guy act evaporated. He and three friends sat in my kitchen and wiped away tears. If the near-acre of land on which our two-story home sat had been easier to maintain...
Surprising trends—plus strategies to help you plan ahead—from our study, conducted in partnership with Age Wave.
1 Sallie Mae, "How America Pays for College," 2016.
2 U.S. Census Bureau, "Wealth and Asset Ownership," 2017.
3 Hanley Wood, LLC., Remodeling 2017 Cost vs. Value Report (www.costvsvalue.com).
4, 5 Merrill Lynch and Age Wave, "Home in Retirement: More Freedom, New Choices," 2017.
Bank of America does not predict any increase or decrease in interest rates or home values.
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