From: Market Watch
Are you wondering how you’re going to come up with enough money to retire, especially considering the potential for major spending shocks such as nursing-home care?
If you’re a homeowner, taking a line of credit via a reverse mortgage just might be the answer, according to a new book by retirement-income researcher Wade Pfau.
In “The Retirement Researcher’s Guide to Reverse Mortgages,” Pfau offers a detailed analysis of the pros and cons of using these products as part of a comprehensive plan for generating income in retirement. (His book and this article focus on the reverse-mor