I know we can’t all fly to Denmark next month to learn what this professor has to say, but the message is being heard over and over again in this country: “Improve the income benefits from the assets that are already available from saving for retirement.” One asset is the primary residence. A Reverse Mortgage continues to be an option to include in the portfolio for funding retirement. He mentions this in the expanded text you can access below:
Robert C. Merton, Professor of Finance at the MIT Sloan School of Management, and winner of the 1997 Nobel Prize in Economics, will be a guest lecturer on the role of reverse mortgages in the global challenge of funding retirement at the Copenhagen Business School on October 3.