How to Recession-proof Your Retirement Have a Mortgage and are age 62+? Consider a Reverse Mortgage

February 16, 2020

Economists Are Gloomy!? Many feel a recession is coming.

Wharton Business School’s Olivia S Mitchell recently addressed the challenges of retirement, especially for retirees. Key steps: First, “try to put together a summary budget” and “make sure you have an emergency fund.”

Academy member Tom Davison discusses the benefits of reverse mortgages for retirees and the various ways they are beneficial for consumers.

Find the full article here.

Academic Acceptance for Reverse Mortgages in Retirement Income

by Wade Pfau, Ph.D., CFA

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Originally published at Forbes

In a sign that the time had finally come for the idea of coordinated spending from a reverse mortgage, Harold Evensky, Shaun Pfeiffer, and John Salter of Texas Tech University published two articles—beginning with the August 2012 issue of the Journal of Financial Planning—investigating the role of a standby line of credit. They developed conclusions quite similar to the Sacks brothers without knowing of their work.

Full story at
https://retirementresearcher.com/academic-research-and-other-uses-for-reverse-mortgages/