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Does a Reverse Mortgage Belong in Your Retirement Plan?
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Today
Does a Reverse Mortgage Belong in Your Retirement Plan?
A reverse mortgage can sound risky for some people but that is not always the case. For whom does a reverse mortgage make sense?
Dr. Jack Guttentag and his colleague Allan Redstone will explain the concepts around reverse mortgages, including the reason they are stand-alone products rather than integrated with annuities and financial asset management. They will also describe some illustrations of how integration would work in specific cases, based on the Retirement Funds Integrator (RFI), their software program for analyzing various types of integration.
Dr. Jack Guttentag was Chief of the Domestic Research Division of the Federal Reserve Bank of New York before holding two chairs in banking at the Wharton School of the University of Pennsylvania and becoming Professor Emeritus in 1996.
At various times he served as a director of TIAA, the Federal Home Loan Bank of Pittsburgh, and First Federal Savings and Loan Association of Rochester. Shortly after selling the mortgage software firm he founded, Guttentag developed
www.MortgageProfessor.com
, a consumer-oriented site he currently manages. With Allan Redstone, he has recently broadened its scope to include retirement, which involves integrating reverse mortgages with annuities and financial asset management.
This will be an online event hosted via
Zoom Conferencing
. You do not need a Zoom account but you will need to download and install the Zoom app on your computer or mobile device to join the event. Please email us at
info@pennsvillage.org
in advance if you need assistance installing the Zoom app. If you cannot join the event using your computer or mobile device and the Zoom app, you can join the event via teleconference and hear the audio portion. You will receive an email a day or so before the event with a link to the meeting, the Meeting ID, call-in telephone numbers and instructions for joining the meeting.
Please register through our website by clicking the Register Now on the right. Directions for Self Registration can be found
here
. You can also register by emailing
Info@pennsvillage.org
, or calling 215-925-7333. This program is free of charge to our members and volunteers. Guests may attend up to three programs before being asked to join and/or volunteer with Penn’s Village.
Penn’s Village welcomes and actively encourages an inclusive and diverse community of members, staff, Board of Directors and volunteers. Inclusiveness and diversity mean welcoming all and excluding no one because of age, race, ethnicity, gender, sexual orientation, social-economic status, physical abilities, religious beliefs or political beliefs.
When:
Thursday, April 8, 2021, 2:00 PM until 3:00 PM
Where:
A Zoom Meeting link is included in the confirmation and reminder emails.
Zoom
Additional Info:
Category:
Programs
Registration is required
Payment In Full In Advance Only
Registration cancellations will be accepted
Cancellation Policy:
Capacity:
90
Available Slots:
68
Filled
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No Fee
Penn's Village Members and Volunteers
No Fee
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