At first glance the web class title seems to suggest that a home equity conversion mortgage (HECM), also known as a reverse mortgage, can be used to hedge or mitigate some of the more common risks of retirement. Historically, reverse mortgages were not considered by affluent retirees as a viable source of retirement income, but much has changed over the past few years.
Join Don Graves on April 27th at 1:00 PM ET to learn more about how they can be used within a thorough retirement plan.
Recent research suggests that strategic use of the HECM can have an extremely positive impact on retirees and their retirement income. Advisors are always looking for different solutions to longevity risk and for many Americans, a reverse mortgage may be something they should consider!
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