There is also a cap of around ₹ 1-2 crores that many banks have on reverse mortgage loans, which may not be enough for many people, especially those in metropolitan cities.

While only a fraction of her clients use them, Rachel Gustafson says that reverse mortgages are a useful tool for those with ...

Apples to Apples Paul Scheper Know Your Alternatives It's a financial trade-off-more freedom and flexibility now versus a hi ...

We offered up several ideas about using a QLAC as part of your plan for retirement income.One was to use a portion of QLAC lifetime payments to pay interest on a reverse mortgage called a HECM ...

A reverse mortgage allows a home owner aged 55 or older to borrow up to 55% of their home’s value. ... Retirement planning advice for people who don’t use an advisor.

New research shows most Americans fear outliving their retirement savings more than death itself, with many falling far short ...

Global equity release — including reverse mortgages — could be in for pronounced growth over the next 10 years, according to ...

A reverse mortgage allows a home owner aged 55 or older to borrow up to 55% of their home’s value. There are no income requirements, nor are there repayment requirements during the borrower’s ...

More seniors are carrying mortgages, sometimes out of necessity but also positives like longer lifespans, and this trend ...

Social Security and 401(k) plans may form the cornerstone of your retirement plan. But to ensure financial security, consider ...