MarketWatch: What to Know About Using a Reverse Mortgage to Convert Retirement Assets

The tax implications of using a Roth Individual Retirement Account (IRA) to convert assets from a traditional retirement account may give some people understandable pause, however one potential solution for paying the associated taxes could be the use of a reverse mortgage. This is according to Stephen Resch, VP of retirement strategies at Finance of […]

Mortgage Professor: 3 Reverse Mortgage Retirement Strategies Explained

One of the most pronounced deficiencies of existing retirement programs is that instead of integrating three core features — including asset management, annuities and a Home Equity Conversion Mortgage (HECM) — these are all components which are considered separately. Integrating them into a single, efficient retirement plan could be very beneficial for a retiree, according […]

WSJ: Pandemic Spurring ‘Wave’ of Innovation to Support Aging in Place

The ongoing impact of the COVID-19 coronavirus pandemic is causing many Americans to re-evaluate how they wish to spend their retirement years, with more saying that they wish to spend those years at home. That popularization of aging in place will spur a “wave” of innovation from businesses as the need for more home-based retirement […]

AP: Reverse Mortgage an Option for Seniors Suddenly in Retirement

An increasing number of unemployed people who identify themselves as “retired” have been thrown out of work due to the ongoing economic impacts of the COVID-19 coronavirus pandemic. For those who find themselves suddenly in retirement, it’s important to find options which can assist with cash flow, and in some cases this can include a […]

U.S. News: Reverse Mortgages and Retirees’ Other Home Equity Options

Among the four primary ways a retiree can use their home’s equity to create additional cash flow in their post-working years, a reverse mortgage is one such potentially viable option based on the specific situation of the senior making the choice. This is according to an article published at U.S. News & World Report. A […]

CNBC: Reverse Mortgages Can Help Seniors Retire Where They Want

Making the decision about where and how to spend retirement can be difficult for many American seniors, often dictated by the amount of resources a retiree has access to. One of these decisions can involve either moving — into a new home or an assisted living facility at the appropriate time — or choosing to […]

New York Times: In Family Retirement Planning, Reverse Mortgages Could Present a Solution

With the impact of the COVID-19 coronavirus pandemic still a persistent presence in the everyday lives of Americans, more adult children and retired parents are spending time together, which makes for an optimal moment for retirees to talk about their finances with their children. A reverse mortgage can be one such solution for retirees to […]