The Effect of Low Reverse Mortgage Literacy on Usage of Home Equity in Retirement Income Plans
This article is designed to help financial advisers better understand the potential knowledge level and desires of their clients with regard to reverse mortgages and home equity as a retirement income source. Results of a 2016 survey of 1,000 Americans ages 55 to 75 are discussed, including attitudes toward home equity and retirement planning with a special focus on reverse mortgages.
Hopkins, Jamie Patrick, "The Effect of Low Reverse Mortgage Literacy on Usage of Home Equity in Retirement Income Plans" (2017). Faculty Publications. 776.