NEFE’s Financial Workshop Kits program will be retiring on Sept. 12, 2019. Please download any workshop materials before that date as this website will no longer be available. For more resources and tools to deliver financial education in your community, visit www.NEFE.org

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Retirement Series: Make the Most of Your Home's Value

Retirement Series: Make the Most of Your Home's Value: Informed Retirement Decisions

This workshop primarily is intended for adults who are nearing retirement and are weighing the payoffs and trade-offs of utilizing a home as a source of income during retirement. Some younger audience members also may be in attendance. Workshop participants may be considering whether or not to remain in their home and how their housing decisions will affect their retirement paycheck.

The information presented focuses on guiding participants to reflect on their housing preferences and ability to cover the expenses of owning a home in retirement. The workshop also directs participants to free, credible resources to answer questions they may have about using their home’s value in retirement.

The following topics are addressed in the Informed Retirement Decisions: Make the Most of Your Home’s Value workshop:

  • Financial obligations related to the costs of homeownership
  • What to consider when deciding whether or not to stay in current homeownership situation
  • How home equity credit works
  • How reverse mortgages work

Workshop Materials

You must agree to the terms of the Content License Agreement below to access the materials. Once the materials are downloaded, they may be used as-is or customized to best meet your needs.


The PowerPoint presentation is customizable and can help you facilitate a discussion about retirement decision making for your participants.

Download a facilitator guide that will lead you through your presentation.

The Workshop Packet includes an Action Plan for participants as well as worksheets, handouts, scenarios, activities and other resources referred to throughout the workshop.

Feeling unsure about your presentation? FAQs will help answer your questions about working with your intended audience.

FAQs

Who will be attending the workshop?

This workshop primarily is intended for adults in their 50s and early 60s who are nearing retirement and are weighing the payoffs and trade-offs of utilizing a home as a source of income during retirement. Some younger audience members also may be in attendance. Workshop participants may be considering whether or not to remain in their home and how their housing decisions will affect their retirement paycheck.

What are the learning outcomes of this workshop?

Participants will use what they learn in this workshop to outline a housing strategy that intentionally makes use of their home’s equity for income needs during retirement.

Participants will address the following learning objectives to help them master the competency:

  • Analyze financial obligations related to the costs of homeownership.
  • Discuss what to consider when deciding whether or not to stay in a current homeownership situation.
  • Explain how home equity credit works.
  • Explain how reverse mortgages work.

How will I know that participants have achieved the target outcomes?

Participants will know that they have achieved the outcomes when they have done the following:

  • Identified must-have criteria, nice-to-have criteria, and unacceptable criteria for housing and homeownership situation leading into retirement and during retirement.
  • Outlined a long-range housing transition plan. Weighed the payoffs and trade-offs of likely housing options.
  • Prioritized options for how home equity will be used for retirement income, if at all, including what to do with proceeds (if any) if a home is sold.
  • Outlined fallback plans for two potential circumstances that may trigger a need to re-evaluate homeownership.

Can I share my own experiences during this workshop?

When it comes to talking about money, sharing your own successes and challenges will make the workshop much more engaging — and valuable — for participants. It makes the points you’re discussing come alive, reassures them that they are not alone in having questions and concerns, and encourages them to share their own experiences, which can be equally valuable to other participants.

Keep in mind that participants may feel self-conscious about their financial situation or some of the choices they’ve made, so include a statement in your opening that these workshops are a judgment-free zone and that there is no single right or wrong answer — it depends on the person’s situation and values. The aim of this workshop is to empower individuals to make decisions that work for them and align with their values and needs, which might not look like everyone else’s.

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