Reverse mortgages should be one of the tools that retirees and their financial advisers consider on a case-by-case basis when evaluating options for improving retirement security, according to a new study published by the Stanford Center on Longevity, in coordination with the Society of Actuaries....
Read more
Housing wealth represents U.S. retirees’ largest asset. For the average 65-year-old couple, home equity represents about two-thirds of their total wealth. The only other potentially more important retirement asset is Social Security, since it functions as the main source of retirement income for most retirees....
Read more
Contrary to what the Consumer Financial Protection Bureau believes, there is value in delaying Social Security and spending down assets, such as home equity, in the interim, according to nationally-renowned retirement expert Dr. Wade D. Pfau.
...
Read more
