For generations, homeownership has been one of the primary ways Americans built wealth and passed it on to loved ones.

Now, financial advisers and housing experts warn that many older homeowners may be counting too heavily on their homes as retirement safety nets as they discover their properties sell for less than expected, according to a recent report published by The New York Times.

Americans ages 70 and older collectively hold about $13 trillion in housing wealth, according to an analysis published by Redfin in March.

But a more recent study from the Federal Reserve Bank of Philadelphia found that older details ⇒

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