How Does a Reverse Mortgage Work. For many retirees, their largest asset is their home — but they might not be ready to sell to cash in on their equity. That’s where a reverse mortgage can come into play. A reverse mortgage allows people aged 62 and older to continue to live in and own […]
Reverse Mortgages and retirement planning
Reverse Mortgages and retirement planning. Understanding how reverse mortgages can add value in retirement planning requires an understanding about the peculiarities of sequence-of-return risk that the reverse mortgage can help to manage. When combined with a long retirement, sequence-of-return risk can lead to some potentially unanticipated outcomes regarding what types of strategies may work to […]
Reverse Mortgages as a Retirement Planning Tool
Yes, You Can Use Reverse Mortgages as a Retirement Planning Tool. But Beware the Risks. Reverse mortgages were once anathema to savvy financial retirement planning. These loans—which let homeowners over age 62 pull equity out of their homes while still living in them—were viewed as a costly last resort for covering retirement shortfalls. That thinking […]
Positive Retirement Planning Tool
Barron’s: Reverse Mortgages Can Be a Positive Retirement Planning Tool The perception of reverse mortgages as a “last resort” loan to fund retirement is diminishing, but persistent. Still, reverse mortgages are increasingly being seen as a viable financial tool for eligible borrowers even though prospective users should be aware of high upfront costs, according to […]
Retirement Planning Survey
Retirement Planning Survey . The Particular Instances Where You Will Do a Retirement Planning Survey. This article is really written for people like me in the retirement planning world, but I thought I would share it to help seniors making these big decisions have an easier time. The National Care Planning Council designed the Retirement […]
Retirement in trouble
Retirement in trouble.Read CNBC’s “Your retirement is in trouble … what are you doing about it?” CNBC.com by Darla Mercado | @darla_mercado Americans are losing sleep over their ability to retire, but few are doing anything about it. Those were the findings from a recent retirement confidence survey conducted by the Employee Benefit Research Institute. […]
