Homeowner story: Meet Richard S.

Richard, like too many Americans, found himself approaching retirement with little to no savings. Having emptied his nest egg to buy a home 25 years ago, he was house-rich but cash-poor: "Having this money sitting, tied up in my home – it doesn't do me any good." 

He knew he needed a solution that would allow him to tap into his home’s wealth without adding monthly payments or taking on unnecessary financial strain. That’s when he discovered Point’s Home Equity Investment (HEI).

Partnering with Point, Richard was able to find the liquidity he needed to pay off his mortgage and other outstanding debts, invest in a long-term fixed index annuity, and bolster his reserves.

Now — financially secure and with more options than ever — Richard is mapping out the golden years of his dreams. He's working with a contractor to build a tiny home and is focused on enjoying this next phase of life with confidence and stability.

For homeowners like Richard, home equity can be a powerful tool for retirement planning. Whether it’s paying off lingering debts, investing in financial opportunities, or simply gaining the liquidity to handle unexpected expenses, a Home Equity Investment provides a way to make homeownership work for you.