Asset Rich, Cash Poor

Asset Rich, Cash Poor It is well known that having a lot of money tied up in assets, especially property, while being on a low income is an uncomfortable place to be. However, it is not an uncommon scenario, particularly for young couples and the elderly. It’s not easy to get the balance right. If […]

Asset Rich, Cash Poor in Retirement

Asset Rich, Cash Poor There is nothing more terrifying than the prospect of running out of money late in life. Many elderly go without in order to avoid this situation and make their savings last as long as possible. Retirees living in their own homes are often asset rich yet cash poor. When the cash […]