Faculty Publications

Title

Strategic Uses of Reverse Mortgages for Affluent Clients

Document Type

Article

Publication Date

4-16-2014

Abstract

Affluent clients of financial planners can use their housing wealth a variety of ways to enhance retirement, including boosting sustainable portfolio withdrawals and delaying social security claiming. As strategic users affluent clients are quite different from many traditional users – often desperate homeowners who grabbed any remaining home equity after exhausting all their other resources.