Tag: housing equity
After decades of skepticism and reports of scandals, the tide appears to be turning on reverse mortgages. The New York Times Business section recently led with a story on the revival of the reverse mortgage. Even more significant, for the first time a commission examining the state of retirement in the United States emphasized t…
Introduction Do today’s retirees have sufficient income to meet their needs? This brief is the third in a series examining replacement rates for current retirees. The first one looked solely at Social Security, the single most important source of retirement income. The second one added employer-sponsored pensions and other financial assets to provide a mor…
