“Reverse mortgages are not what they used to be.
This short video will be very informative for any financial advisor or financial planner who is stuck in the dogma that the industry has around these tools.
You owe it to your clients to understand how these work and how they can help your clients have better outcomes in retirement.
Watch the Video: https://youtu.be/bc5L5DPcemY
“If you’ve ever wished that you could retire early, ditch the 9 to 5 and enjoy your freedom, you could be in for a few surprises.
In 2017 Legal & General (UK) spoke with over 2,000 retirees and asked them three simple questions about their retirement. The results were educating, at times funny and occasionally poignant.
It’s clear that nobody experiences retirement in quite the same way. Read on to see the results and how others feel about retirement”.
via Legal & General – | Articles | Legal & General
The Financial Capability of the Baby Boomer generation should not be underestimated.
Cohort differences can sabotage studies by potentially overestimating effects of ageing.
Some cognitive abilities are resilient to brain aging and may even improve with age!
Live Long Live Well
Read the Full Report: https://tinyurl.com/Down-sizingMovePlanStay
With housing wealth among retirees and near-retirees still far exceeding superannuation savings, coupled with uncertainties about the future of the age pension there is a growing case for retirees, their advisers, the financial markets and policy makers to look more closely at equity release. Accessing home equity may not be for everyone but for those that have the means and are open to the idea, there needs to be more safe and flexible opportunity for retirees to use it to maintain their financial comfort and wellbeing in later life.
Stuart Thomas, Ashton DeSilva and Sarah King Sinclair
Placemaking Economics Group
School of Economics, Finance and Marketing
via Facilitators of Aging in Place