This is an excellent new paper on the implications of Reverse Mortgages and HELOCs on the elderly as a planning strategy... it offers good research and nice summary of strategies for consideration by the elderly as they enter retirement and must consider various ways of accessing real estate wealth to supplement savings.
I've highlighted all the key facts and summary information to allow you to review the document in 5 to 10 minutes. This is a must read if you are a financial advisor or loan officer considering these products for your clients now or in the future.
