Affluent clients of financial planners can use their housing wealth a variety of ways to enhance retirement, including boosting sustainable portfolio withdrawals and delaying social security claiming. As strategic users affluent clients are quite […]
I'm a wealth manager who enjoys helping people discover what path they want to walk and build a financial strategy to achieve it. This blog focuses on retirement planning, and currently delves into reverse mortgages.
Reverse Mortgage Funds Social Security Delay
NOTE: this is a slight revision to the post published in March 2014. Delaying Social Security can significantly boost lifetime retirement income but creates a shortfall while waiting. A case study used a HECM reverse […]
Income Tax Planning with a Reverse Mortgage
If you have a reverse mortgage you generally don’t have any home mortgage interest to deduct on your tax return. That’s often the biggest deduction on a tax return, and without it […]
Standby Reverse Mortgage Improves Retirement Spending
Joe Tomlinson, editor of Journal of Personal Finance, summarized research showing Standby Reverse Mortgages can double sustainable withdrawal rates. Reviewing a Journal of Financial Planning paper he concludes: “This study shows how home equity can […]