Reverse Mortgages: How They Can Help In Retirement
Retirees must support a series of expenses—overall lifestyle spending goals, unexpected contingencies, legacy goals—to enjoy a successful retirement. Suppose retirees only have two assets—beyond Social Security and any pensions—to meet their spending obligations: an investment portfolio and home equity.
Pfau, Wade D. PhD, "Reverse Mortgages: How They Can Help In Retirement" (2017). Faculty Publications. 835.