Reverse Mortgages 101: What Every Retiree Needs to Know - Dr Wade Pfau Interview

Dr. Wade Pfau provides an in-depth look at reverse mortgages and their often-overlooked role in retirement planning. He dispels common misconceptions, explaining how these financial tools are not just a last resort for cash-strapped retirees but a strategic asset that can enhance long-term financial security. The discussion covers key benefits, such as using home equity to manage sequence of returns risk, accessing tax-free income, and preserving investment portfolios for a larger legacy. Dr. Pfau also highlights the importance of setting up a reverse mortgage early to maximize its line of credit growth and flexibility.