Addressing the Longevity Challenge: Housing Wealth Strategies that Improve Portfolio Survival - Bruce McPherson

Addressing the Longevity Challenge: Housing Wealth Strategies that Improve Portfolio Survival – Bruce McPherson

Home equity is most Americans’ largest financial asset. Learn options for proactive implementation of reverse mortgage strategies for improving portfolio survival.

Home equity is the largest financial asset for all but the wealthiest Americans.

As demonstrated in the Journal of Financial Planning, the proactive implementation of a reverse mortgage strategy – early in the distribution phase – will improve portfolio survival and increase the odds of a successful retirement. As retirement counselors, we need to understand options for helping retired clients appropriately use their home equity if their economic situation requires it, including options for proactive implementation of reverse mortgage strategies for improving portfolio survival.

In this one-hour session you will learn:

  1. Learn how the FHA’s Home Equity Conversion Mortgage (HECM) program can work for retirees who have a substantial portion of their wealth tied up in their home equity.
  2. Learn how an HECM Credit Line can be used to protect against sequence-of-returns risk during market declines to help eliminate the need for portfolio distributions during market troughs, improving the longevity of retirement savings.
  3. See the modeling of different case studies using an HECM Credit Line and how it can be used to help improve the total net worth that can remain for heirs while meeting the retirement income needs of a retiree.
  4. Explore a “Purchase HECM,” which is a loan that helps clients purchase their ideal home for retirement without the burden of debt service.
Bruce McPherson, CRMP Certified Reverse Mortgage Professional with Retirement Funding Solutions

Bruce McPherson, CRMP Certified Reverse Mortgage Professional with Retirement Funding Solutions

Bruce McPherson, CRMP Certified Reverse Mortgage Professional with Retirement Funding Solutions

Bruce has specialized in the FHA Home Equity Conversion Mortgage (HECM) since 2003, which is the safe, flexible, federally-insured version of a reverse mortgage.

Moderator: Betty Meredith, CFA, CFP®, CRC®, Int’l Retirement Resource Center

1 hr CFP®, CRC®, and other CE Credit Reporting

We will report your CFP® and/or CRC® credit (no additional reporting fee) – please add your ID at checkout. You are responsible for reporting all other certifications for CE credit.

Addressing the Longevity Challenge: Housing Wealth Strategies that Improve Portfolio Survival - Bruce McPherson

Addressing the Longevity Challenge: Housing Wealth Strategies that Improve Portfolio Survival – Bruce McPherson

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Overall Rating:   4.2 / 5

Retail:  $29.00    Add to Cart

Video and audio MP3 formats available

MP3 Audio Download and PDF handoutSpecifications:   60-minute webinar course

Elearning coursesSKU:   03IRRCRLongevityChallElearn15

MP3 Audio Download and PDF handoutKnowledge Level:   3 – Intermediate

Retirement Resource Center Risk Free GuaranteeYour satisfaction guaranteed: We know that you will be pleased with your purchase of this product. If, however, you are not completely satisfied notify us within 30 days of your purchase to receive a full refund of your fee, less any CFP® CE reporting fees for courses that were filed prior to membership cancellation.