How to Make Your Retirement Savings Last

Reverse Mortgages as markets tumble. Reverse Mortgage could be your saving grace.

How to Make Your Savings Last for Decades, According to a 96-Year-Old Retirement Expert Lots of retirement experts theorize about how best to plan for the thirty-plus years you hope to enjoy after hitting 65. When Jack Guttentag — who turned 96 last December — gives advice, he’s speaking from experience. Guttentag, an economist who […]

Reverse Mortgages Easier to Recommend

FPA Chair: Reverse Mortgage Refinements Make Products Easier to Recommend The evolution of the reverse mortgage product space has been a constant reality that the surrounding industry has had to contend with for many years, but having gone through such demonstrable and customer-focused periods of change is exactly what has made reverse mortgages more appealing […]

Reverse Mortgages – niche product?

Brookings: Reverse Mortgages Should be More than a Niche Product Reverse mortgage products, while unlikely to become “a pillar” of American retirement, are economically justified “to play an expanded role in helping older Americans achieve a secure livelihood.” This is according to a new research paper released by the Brookings Institution, authored by researchers Martin […]

Sequence Of Returns Risk

 How to battle sequence of returns risk. Investment News Retiring during the longest-running bull market in history can be scary, as some begin to wonder when the good times will end? There were two recurring themes at the annual Investment News​ Retirement Income Summit in Chicago earlier this month: the economic impact of increased longevity […]

Planners recommending a Reverse Mortgage

Why more and more financial planners are recommending to their clients a Reverse Mortgage. The proper name for this product has always been Home Equity Conversion Mortgage or HECM for short. The HECM can be used as a defensive play protecting managed assets or to pay off a mortgage. For instance, a client of mine […]

Senior Housing

What to Look for When Visiting an Elder in Senior Housing So, you and your loved one have taken the plunge. You’ve put in the time and effort to research senior housing options, take tours and compare your thoughts. The big move is finally behind you both. You might think the hard work is over, […]

Everything you need to know

Everything you need to know about reverse mortgages. What is a reverse mortgage? A reverse mortgage is a type of home equity loan for homeowners 62 or older that doesn’t require monthly mortgage payments and that the home’s equity is generally paid out to the homeowner monthly. Reverse mortgages are often considered a last-resort source of […]

U.S. Housing Reform Plan

President Trump Calls for U.S. Housing Reform Plan, Review of HECM Program President Donald J. Trump signed an executive memorandum Wednesday initiating the process of reforming the United States housing system, which includes an objective to examine the “financial viability” of the Home Equity Conversion Mortgage (HECM) program. The president has expressed his intent to […]

HECM Line of credit

Understanding Why And How The HECM Line Of Credit Grows Understanding Why And How The HECM Line Of Credit Grows by Wade Pfau the RETIREMENT RESEARCHER A mortgage’s effective rate is applied not just to the loan balance but also to the overall principal limit, which grows throughout the duration of the loan. How the […]

Experts Tout Benefits

Experts Tout Benefits of Reverse Mortgages to Financial Planners Reverse Mortgages are not looked at anymore as a bad thing, but a longevity tool. Several Ivy League economy colleges have study groups looking for ways to take care of our aging. A Reverse Mortgage can benefit by supplementing your retirement income. As finances are uncertain […]