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Case Study: Using Home Equity for Retirement Income Planning

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In the fourth part of this case-study series focusing on home equity as an effective strategy in comprehensive financial planning, we will look at real-life scenarios to explore how using a reverse mortgage as an income tax-free source of revenue can help bridge the gap when delaying social security benefits, or distributions from deferred investment accounts. We will also look at how to create a guaranteed revenue stream similar to an annuity. Participants will learn how they can use the reverse mortgage program as a pro-active planning tool, and will create strategies for turning dormant equity into solutions and opportunities they can present to clients as viable safeguards in their estate and legacy plans.

  • Discuss broad-based knowledge of the reverse mortgage product
  • Identify risks in clients' financial plans that could be mitigated by including home equity into the planning process
  • Outline opportunities to enhance a later-life asset and income distribution plan

Steve Resch

Vice President of Retirement Strategies, Finance of America Reverse

Steve Resch is Vice President of Retirement Strategies for Finance of America Reverse, where he leads education and training programs for financial professionals across the country. Steve is also an investment advisor, partner in a wealth management firm, and designer of the “Reverse Illustrator”, a groundbreaking program that graphically displays the flexibility and options that a reverse mortgage can bring to a financial plan. Steve is a subject expert source, interviewed by numerous media outlets including TheStreet.com, Nasdaq Trade Talks, Yahoo Finance, Barons, among others, and is a frequent speaker at both national and regional professional conferences.

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Case Study: Using Home Equity for Retirement Income Planning
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Exam
5 Questions  |  2 attempts  |  4/5 points to pass
5 Questions  |  2 attempts  |  4/5 points to pass
Course Evaluation
7 Questions
Certificate of Completion
Live Viewing: 0.5 CFP CE credits and certificate available
Live Viewing: 0.5 CFP CE credits and certificate available