A new advice column from the Washington Post advises cash-strapped seniors who have written in that a reverse mortgage may be worth consideration, with some caveats.
Category: Retirement
A new research paper could shed some light on retirees’ unwillingness to tap their home equity in retirement, in spite of its ability to generate cash flow for those who need it.
Carson Group director of retirement research Jamie Hopkins sits down for a new episode of The RMD Podcast, discussing the role emotions play in financial decisions and the looming crisis that can transform the reverse mortgage business in the coming years.
Jack Guttentag makes a bold recommendation regarding how reverse mortgage-funded annuities can be a major assistance for seniors who are house-rich and cash-poor.
Debt in retirement can be a crippling thing for seniors in America to overcome, and for many who feel like they are without many options to try and address that, home equity could naturally come into play as a potential solution. But not all instruments that allow the tapping of home equity are created equal, and a reverse mortgage could be the best such option.
A column at Forbes examines some of the ways in which the COVID-19 pandemic has changed the face of American retirement, and includes at least one instance where a reverse mortgage loan may be useful in meeting the needs of affected seniors.
When keeping in mind the pros and cons of a home equity line of credit, one financial planner and industry participant describe how a reverse mortgage could be a better choice for some seniors.
A reverse mortgage can serve as part of a financial plan designed to weather economic downturns, according to a column at Kiplinger.
Seniors who are considering mortgage options may want to know a few things ahead of time, according to Bankrate. For RMD’s audience, some may find it surprising that people in their 90s are getting new, forward mortgages.
Highlighting many different ways a retiree can convert their home equity into cash, Kiplinger tackles the topic of reverse mortgages for retirees.
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