Good points. Maybe I run in different circles than others here, but don’t think I know a single multi-generational family where the oldest generation — typically retirees in their 70s and 80s — are NOT the ones who have the greatest need for income/revenue right now. I suspect it’s just a tiny fraction of Americans who find themselves sitting on a seven-figure pile of equity in their primary residence at the age of 75.
an article about this exact topic I read just the other day