Quick overview of reverse mortgages. How they work, different product options, qualifications, requirements
HECM is the most common type of reverse mortgage and allows for a variety of options (line of credit, lump sum, monthly distributions)
HomeSafe is a proprietary reverse program that can be more flexible than the standard HECM options
This can a pre-retirement option that allows for smaller payments for 10 years and then can revert to a reverse with no monthly payments
Quick walkthrough of Retirement Expert Dr. Wade Pfau's advice of using a HECM to reduce sequence of withdrawal risk (i.e. selling investments during a market downturn)
I talk with Dominique Henderson (Certified Financial Planner) about the pros and cons of reverse mortgages
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