The Street: Deciding if a Reverse Mortgage Makes Sense for You

A reverse mortgage, specifically a federal government-sponsored Home Equity Conversion Mortgage (HECM), has a lot of moving parts that may make the product concept intimidating for some people. For those who are looking for alternative ways to try and create more cash flow in retirement, there are clear benefits as well as some inherent complexities […]

USA Today: Reverse Mortgage Could Help Retirees Avoid Exhausting Funds

The judicious use of a reverse mortgage has the potential to aid those at or near retirement in avoiding exhausting their financial resources while on a fixed income, something that is likely of particular interest to those who are concerned of outliving their resources well after they’ve retired from a career. This is according to […]

NextAdvisor: Everything to Know About Reverse Mortgages

Describing what a reverse mortgage is and how it can be used to the uninitiated, a new article also takes things a step further by aiming to provide contextual information about the decision-making process involved in the consideration of a reverse mortgage loan. This is according to a new column published in NextAdvisor. “While a […]

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 […]