In the News

Title

Reverse Mortgages Can be a Boon for Cash-Strapped Seniors

Authors

Tradebuddy

Document Type

Article

Publication Date

4-21-2017

Abstract

For most seniors, home equity represents a significant and largely untapped proportion of their wealth in retirement. Although reverse mortgages have traditionally been seen as a last resort for retirees who’ve exhausted their other assets, they are a very flexible product that can help reduce living expenses and preserve other assets for the future.