What's a HELOC and should you get one? Here's a quick breakdown. (Image & Video Credit: Getty Images) | Kiplinger

🚨HELOC RETIREMENT BENEFITS 🚨 ✅ I’m about to retire. ✅ Should I open a Home Equity Line of Credit (HELOC)? ✅ The answer is yes. ✅ A HELOC is the easiest way to borrow money during retirement from yourself. ✅ Here are two reasons to get a HELOC before you retire: #1 Emergencies ✅ A HELOC costs you effectively nothing to open. ✅ It remains open even if you never use it. ✅ If something goes wrong, ✅ Like a major emergency or if you run out of cash during a market downturn, ✅ You won’t want to sell