Home Equity in Retirement Planning

4.8 (5 votes)

In this session, we will go through the psychological impact that many homeowners face when deciding whether or not to use home equity in retirement planning. And, when the opportunity arises, how a reverse mortgage may be the appropriate solution for some clients.

We’ll discuss how the product works including eligibility, misconceptions, and safeguards. In-depth review of holistic case studies using it to supplement asset distribution strategies, manage long-term care risks, facilitate Roth Conversions, delay social security and other tax-deferred distributions, fund legacy strategies, and much more.

Learning Objectives: • Psychological and emotional impact housing decisions have on financial behavior. • Understand what a reverse mortgage is including the products, eligibility, and consumer safeguards. • Review different opportunities how home equity accessed with a Reverse Mortgage can be used to safeguard a retirement plan and better ensure its long-term success. • Learn how leveraging housing wealth with a Reverse Mortgage could increase legacy value

Competency Level: Advanced

FPA Competency: Client Communication and Care, Critical Thinking

CFP Board Topic: Advanced, General Financial Planning Principles

CFP Board CE Credit Hours: 1.0 CE