Description
"Retirement planning has traditionally excluded housing wealth. However, with appreciating home values and the need to plan for longer lifespans; more advisors, financial educators, and institutions, are taking a fresh look at reverse mortgages.
In this session, we’ll examine the psychological forces that impact a homeowner’s decision to use their home equity in retirement planning, we’ll discuss how practicing advisors are using home equity with clients, and we’ll learn from Morningstar why they felt now is the time to bring a Reverse Mortgage lender onto their advisor workstation.
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Learning Objectives
1. Psychological and emotional impact housing decisions have on financial behavior
2. Why leading researchers and institutions have adopted home equity into their available education resources and products for their clients
3. Real life scenarios of where and when it is appropriate to use a reverse mortgage in the financial plan