Should your client get a reverse mortgage?

Reporter: David LaMartina

Publication: ThinkAdvisor


Deadline: May 12, 2017 12:00 pm

The reverse mortgage is a relatively common option among retirees looking to pay for in-home care and renovations. What are the pros and cons? Is it a good option for paying for long-term care and other healthcare-related retirement expenses, or is it more of a last resort? What should clients understand before getting one? Overall, this article should give readers a high-level overview of reverse mortgages, specifically in the context of paying for healthcare-related expenses: long-term care, aging in place home renovations, etc. Requirements: I’d like to speak with financial advisors well-versed in the use of reverse mortgages to pay for healthcare-related retirement expenses.

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