Reverse Mortgages Have a New Twist
Tuesday - September 03, 2013 at 7:52 am
The closer you are to retirement, the more your financial plan starts focusing on distribution and less on accumulation. With income investments not offering very exciting yields these days, how are you going to generate that retirement income you need? Our next guest says that some statisticians and advisors are recommending that you consider using your home.
Mike Switzer interviews Rick Van Der Noord, a Certified Financial Planner in Greenville S.C.
Here are links to recaps of the academic studies done on this subject:
Here is a link about the changes expected in the HUD’s HECM Saver product.