REPOSTED FROM FORBES PERSONAL FINANCE 10/24/2016 The original source of this article is available on Forbes.com here Jamie Hopkins, CONTRIBUTOR I cover retirement income planning, retirement, and other legal issues Opinions expressed by Forbes Contributors are their own. A common misconception about marriage in the U.S. is that millennials have a higher divorce rate than previous […]
The Home Equity Conversion Mortgage (HECM), FHA’s revamped version of the former reverse mortgage, can help incorporate housing wealth to solve for divorce in retirement, bankruptcy, foreclosure, protecting against a poor sequence of returns. Come learn about this unique cash flow management tool. Learn how a Home Equity Conversion Mortgage HUD-guaranteed Line of Credit can substantially Increase Retirement […]
People over age 50 who go through “gray divorce” have large negative financial consequences at just the wrong time –around retirement . The Home Equity Conversion Mortgage (HECM) is the Federal Housing Administration’s (FHA) reverse mortgage program which enables you to withdraw some of the equity in your home. It works like a line of […]
