Reverse Mortgages Can be a Boon for Cash-Strapped Seniors
Wade D. Pfau
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.
Tradebuddy, "Reverse Mortgages Can be a Boon for Cash-Strapped Seniors" (2017). In the News. 2159.