In the News

Title

Baby Boomers Need a Reverse Mortgage Reality Check in Retirement

Document Type

Article

Publication Date

12-29-2015

Abstract

When it comes to retirement, Baby Boomers are vastly unprepared, and not just financially as many have expectations that are in need of a reality check, suggests a recent survey comparing the retirement outlook of workers age 50 and older with the actual experiences of current retirees. And in some circumstances, reverse mortgages may help Boomers bridge the gap to make their retirement expectations a reality.