Featured Jobs
|
DWC - The 401(k) Experts
|
|
MAP Retirement
|
|
DWC - The 401(k) Experts
|
|
Defined Contribution Account Manager Nova 401(k) Associates
|
|
Retirement Plan Onboarding Specialist Compass
|
|
Relationship Manager - Defined Contributions Daybright Financial
|
|
PPS Pension Services
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
|
Will Reverse Mortgages Rescue the Baby Boomers?
Center for Retirement Research [CRR] at Boston College
Sept. 28, 2006
Excerpt: The brief's key findings are: Reverse mortgages will become more popular as baby boomers reach retirement with insufficient income; At current interest rates, a 65-year-old household with a $200,000 house could borrow about half of its home value; The amount available through a reverse mortgage is very sensitive to interest rates, so households should not overestimate their accessible home equity.
|
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |