Academics Say Reverse Mortgages Make Sense in Retirement Planning

Reverse mortgages have already been garnering recognition as a viable retirement assets by the financial planning community lately, and now others in the Academic field are echoing similar praises.

In a Q&A from, two university professors agreed that reverse mortgages, though they might not be “one-size-fits-all,” should be considered as practical components of retirement planning strategies for older homeowners.

“There’s no ‘one-size-fits-all’ solution for using home equity to assist with retirement,” said Dr. Michael J. McNamara, Ph.D., field distinguished professor of insurance at Washington State University. “For some people, a reverse mortgage makes sense.” 


Reverse mortgages may provide the needed relief for retirees that owns their home but do not have the income to make regular payments, making them a “viable product to assist in funding retirement,” said Dr. Harold R. Christensen, Ph.D., professor of economics at Centenary College of Louisiana in the article.

Read the Q&A from

Written by Jason Oliva

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  • It is odd to see RMD incorrectly labeling a reverse mortgage “as a viable retirement assets” [sic]. Dr. Christensen correctly states: “a reverse mortgage is a viable product to assist in funding retirement.”

    (The opinions expressed in this comment are not necessarily those of RMS or its affiliates.)

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