Adding Housing Wealth to a Retirement Income Plan
Retirement planning has traditionally excluded housing wealth. However, with highly appreciated home values, a desire for a more holistic approach, and the need to plan for longer lifespans, more advisors are taking a fresh look at reverse mortgages.
In this session, Steve Resch, a practicing wealth advisor, will give a quick overview of how a reverse mortgage works, and then share case studies of how he has used it in his practice to supplement retirement plan distributions, delay social security, provide a safety net for long-term care risks, pay the taxes on Roth Conversions, and much more.
Participants will leave with a better understanding of how a reverse mortgage can safeguard and enhance their client’s retirement and legacy objectives.
Learning Objectives:
- Evaluate if home equity with a reverse mortgage can help safeguard a retirement income plan
- Identify opportunities where legacies can be enhanced by including a reverse mortgage in a comprehensive retirement plan
- Share conceptually how a reverse mortgage works with clients
This session is sponsored by Finance of America Reverse, LLC.
Thank you for attending!
