A researcher at the Boston College Center for Retirement Research sizes up the reticence of American seniors to tap their home equity in retirement, and describes why they remain unwilling to do so on a large scale.
Category: Retirement
The Boston College Center for Retirement Research aims to dive deeper into troubling CFPB data regarding the financial stability of seniors needing to make mortgage payments.
Investing expert Michael Falk discusses on a podcast how a reverse mortgage can be used to “immunize” a retiree’s spending portfolio.
A column at Money.com discusses why baby boomers may be uniquely suited for reverse mortgages, and also makes mention of using a reverse mortgage for purchase.
A group of five financial planners discuss options they offer to clients with insufficient retirement savings, with only one of the five mentioning reverse mortgages.
A financial advisor goes over some key metrics when evaluating whether or not a reverse mortgage would be an optimal choice for a potential borrower in this piece from The Street.
Retirees who may be looking for additional sources of cash beyond Social Security benefit payments would do well to try and explore non-traditional sources of cash flow like a reverse mortgage, one columnist says.
While the estimated rise in Social Security benefit payments in 2022 will likely benefit seniors, those gains could be undermined by both inflation and taxes according to new research.
While 2022 could see a notable boost in Social Security benefit payments, high inflation and a need for retirement planning could eat into such a benefit, according to a piece at The Motley Fool.
An emerging debate among financial planner professionals and clients is whether charging 1% on assets under management is justified. One planner — who directed a client to a reverse mortgage — says that it is.
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