Rising interest rates could make reverse-mortgage lines of credit more appealing to younger retirees. A reverse mortgage is a type of loan taken against equity in a home, available to borrowers who are at least 62. It requires no monthly payments, with interest...
Here is a great article from InvestmentNews on how Financial Planners and Certified Reverse Mortgage Professionals can work together. How recent changes in the Employee Retirement Security Act (ERISA) can help clients create more funding streams in Retirement years....