In the News

Title

Using a reverse mortgage to delay Social Security: does it make sense?

Document Type

Article

Publication Date

9-28-2017

Abstract

Delaying your Social Security benefit claim offers one of the best routes to higher retirement income - annual benefits increase 8 percent for every 12 months that you delay from age 62 to 70. But the strategy often comes with a challenge: how to meet living expenses while you wait?