The floodgates have opened in terms of high profile references to the importance (indeed the necessity) of including home equity in retirement planning. As the largest asset for many retirees and those approaching retirement, this makes all the sense in the world! Previous skepticism about the HECM (reverse mortgage) Program from HUD is steadily being replaced with serious, objective evaluation because of the recent, comprehensive safeguards added.
Credit the Financial Advisor profession for recognizing that the new and improved HECM Program is now a tool worth looking at for many senior Americans. One leading authority, Dr. Wade Pfau, presents a case for the increasing interest here.