What's the Deal with Reverse Mortgages?, Paperback/Shelley Giordano Ma
Descriere
Description What retirement income experts can teach you about your largest asset. Longevity potentiates volatility or, in other words, the longer you live, the greater probability something bad will happen. Since we do not know how long we will live, we must be prepared for the long game. Deploying the home asset strategically and early in retirement converts an illiquid, indivisible asset into a shock absorber for the future. The fully updated and expanded second edition to What's The Deal With Reverse Mortgages? explains in simple language how to safely and effectively include the home in retirement planning. Shelley Giordano shares: A clear roadmap to use the HECM (Home Equity Conversion Mortgage) to solve financial challenges 4 vital pieces of information (the 4 Nevers (c)) that demolish the negative lore that attends reverse mortgages How reverse mortgages have changed, and why retirement experts recommend a new approach to them A thorough review of evolving reverse mortgage safeguards over the years and how retirement income experts recommend them If you are a financial professional working with retirees, you will want to share this book with your clients. If you are a retiree overseeing your own retirement spending, you will want do the same with whomever it is giving you retirement advice.