This “Misunderstood” Financial Tool Could Mean Retirement Rescue

There’s a crisis looming in America when it comes to retirement. No doubt you’ve read the articles and heard the news stories about this oncoming tidal wave of challenges for retirees, especially aging boomers. We’ve written about this issue several times on the AgingOptions Blog. As baby boomers retire – now at the rate of…

MarketWatch: Home Equity Can’t Be Ignored in Retirement Planning

“With 77 percent of a retiree’s net worth locked in home equity it’s astonishing why so many financial planners ignore home equity when creating retirement plans.” So states this recent article we just discovered on the financial website MarketWatch.  Written by Denver-based reverse mortgage planner Peter Rueth, the article makes a compelling case that a…

CBS Calls Reverse Mortgage the “Rodney Dangerfield of Retirement”

Earlier this year, we ran across an article that we wanted to share again, because we think the premise is still valid. In spite of all its advantages, and an ever more robust set of legal safeguards, there are still millions of homeowners apparently unwilling (or too uninformed) to take advantage of one of the…