Quick Start

Reverse Mortgage in a Comprehensive Financial Plan

Level of Complexity: Overview

Presenter(s)

• 

  Steve Resch

  Vice President Retirement Strategies Division
  Finance of America Reverse

This session will examine case studies of using a reverse mortgage to manage risks to asset longevity such as poor sequence of returns, long-term care and other unexpected expenses. We will also review how income tax-free proceeds can improve household cash flow, be used to delay Social Security benefits or qualified distributions, and help insure a successful retirement income plan.

Learning Objectives:

• Recognize scenarios that bring risk to asset deterioration and/or reduce longevity of an existing retirement plan
• Explain how home equity can be leveraged to offset risks, while also further strengthening financial positions amidst life events