Faculty Publications


How to Use Reverse Mortgages to Secure Your Retirement

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When comparing strategies for coordinating home equity with portfolio distributions to generate retirement income, the tenure option fairs well and is an appealing option. As a way to fund retirement efficiency improvements, using the tenure payment option from the line of credit as an alternative to purchasing an income annuity (such as a single-premium immediate annuity – SPIA – or a deferred-income annuity – DIA) is worth exploring further.