Forbes: The Difference Home Equity Can Make to Finances

A key determining factor of someone’s ability to build wealth in America is homeownership, and as retirement faces a mounting series of challenges, that ability to build wealth can factor crucially to an older individual’s retirement plans. Employing the housing asset can be an important piece of building wealth even more for people of color, […]

WaPo: How to Modify a Home to Help Seniors Age in Place

One of the strongest arguments that anyone can make about the potential assistance a reverse mortgage loan can provide to a senior is in discussing how the loan proceeds can be used to help that older person age in place. Remaining in the home has taken on an increased level of importance recently due to […]

Motley Fool: Home Equity a ‘Surprising’ Source of Retirement Income

While Americans have a multitude of potential options and avenues they can use to fund their life after completing a career, many Americans — including current seniors — often find themselves unprepared for retirement. This is why it may be necessary to seek out less traditional sources of retirement funding, and one such potential source […]

Forbes: Reverse Mortgages Can Help Seniors Pay Down Debt in Retirement

One often overlooked tactic that seniors can employ when seeking to pay down outstanding debt in retirement is the strategic use of a reverse mortgage loan, one of several options that an older American can use when examining their finances during their post-working years. This is according to contributor Bob Sullivan and editor John Schmidt […]

Researcher: Half of U.S. Households Face Retirement Risk

Based on the recent release of the Federal Reserve’s 2019 Survey of Consumer Finances (SCF), as much as half of today’s current American households are at serious risk of not having enough resources in retirement. Some of these risks can be mitigated with financial products including reverse mortgages, but more action is needed to fix […]

Wall Street Journal: Retirement Withdrawals Not as High as Expected

There was an increase of withdrawals made by workers from their retirement accounts in the closing months of 2020 presumably to meet the additional economic challenges presented by the COVID-19 coronavirus pandemic, but those withdrawals were more modest than originally expected. This is according to original reporting at the Wall Street Journal. Last March, the […]

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 […]