Reverse mortgages for the mid-market’s largest asset, home equity, may now have a place in mainstream investment and cash management during retirement.
As retirement counselors, we need to understand options for helping retired clients appropriately use their home equity if their economic situation requires it.
Gain insight on how a reverse mortgage home equity line of credit can be used to increase the longevity of a retiree’s investment portfolio and increase the chances of their savings lasting their lifetime.
In “Standby Reverse Mortgages: A Risk Management Tool for Retirement Distributions” by John Salter you will learn how:
- To use an HECM Saver reverse mortgage as a risk management tool in conjunction with a two-bucket investment strategy, called the “Standby Reverse Mortgage Strategy” (or SRM).
- To use an HECM Saver reverse mortgage line of credit to supplement cash living needs when an individual’s investable retirement savings values fluctuate
- This income management strategy substantially increases the longevity of a retiree’s portfolio and ability to meet goals, primarily due to lowering the risk of needing to sell investments when values have declined.
John Salter, PhD, CFP®, AIFA®, Associate Professor, Personal Financial Planning, Texas Tech University
John teaches in the areas of retirement planning and portfolio management and his research interest is in the area of retirement planning and income management. John is also a Vice-President and Wealth Manager at Evensky & Katz Wealth Management in Coral Gables, Florida and Lubbock, Texas.
Moderator: Betty Meredith, CFA, CFP®, CRC®, Int’l Retirement Resource Center
1 hr CFP®, CRC®, and other CE Credit Reporting
Overall Rating: 5.0 / 5
Retail: $29.00 Add to Cart
Video and audio MP3 formats available
Specifications: 60-minute webinar course
Knowledge Level: 3 – Intermediate
Your 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.