Reverse Mortgages: Smart Retirement Strategy or Risky Move?

Can you use your home’s equity to boost your retirement income? Reverse mortgages can be an option, but they come with key risks and trade-offs.

In this video, we break down how reverse mortgages work, their pros and cons, and when they might (or might not) make sense for retirees. Before making a big financial decision, be sure to consult a trusted advisor. Watch now to learn more!

This content was written by Spencer S. Hall CFP®, RLP ®, CKA ®, MBA, MDiv

Spencer is a Certified Financial Planner™ with 14 years in the field of retirement and financial planning. As a second-generation financial advisor at Retirement Planning Services, Spencer brings a wealth of experience and passion to help clients align their wealth with their core values.

Advisory services offered through Retirement Planning Services, LLC.

The information in this article is intended for general educational and informational purposes only, and should not be construed as investment advisory, financial planning, legal, tax, or other professional advice based on your specific situation. Please consult with your professional advisor(s) before taking any action based on its contents.