A Viable Tool: One Stanford Researcher on Openness to Reverse Mortgages

At first he started to think of reverse mortgages as a tool of last resort for retirees, but Steve Vernon, FSA and consulting research scholar in the financial security division at Stanford University’s Center on Longevity, began to come around on them as a viable way for people to avoid sequence of returns risk when […]

Barron’s: Reverse Mortgages Can Be a Positive Retirement Planning Tool

The perception of reverse mortgages as a “last resort” loan to fund retirement is diminishing, but persistent. Still, reverse mortgages are increasingly being seen as a viable financial tool for eligible borrowers even though prospective users should be aware of high upfront costs, according to a new piece at Dow Jones financial news subsidiary Barron’s. […]