If ever you want to clear out a room, start a conversation about reverse mortgages. You’ll have the hors d’oeuvres and then some to yourself.
But folks shouldn’t shy away from talking about a tool that, in the right circumstances, could be used to improve their financial security in retirement.
So said Don Graves, founder of the Housing Wealth Institute, in a recent Decoding Retirement podcast (see video above or listen below). “It’s not spooky,” he said. “It’s not dangerous. … It’s just a mortgage.”
