You’ve probably heard about reverse mortgages and might even be considering one in retirement. It’s not a question we get all the time but it’s one where somebody is seriously considering it by the time they ask us to weigh in on it. In this episode of the podcast, Jake Doser, CFP® helps us better understand this product and why someone may or may not choose to use one.

 

Here’s some of what we discuss in this episode:

• What is a reverse mortgage.
• How reverse mortgages have changed over the past few decades.
• The scenarios that often lead people to shopping for a reverse mortgage.
• An example of a time where a reverse mortgage makes perfect sense.

 

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