Retirement Living

Money: Is a Reverse Mortgage Right for You?

Rodney Brooks
May 19, 2023

America is facing retirement crisis. People are not saving enough for retirement while, at the same time, they are living longer.

Fifty percent of men between 55 and 66, and 47 percent of women, have nothing saved for retirement, according to the U.S. Census.

Nighttime TV and cable airwaves are filled with celebrities pitching reverse mortgages as a solution. But many financial planners dislike them and will only recommend then as a last resort to cash-strapped clients.

View Full Article arrow icon

Be sure to check out "Fixing the Racial Wealth Gap" by Rodney Brooks

“Rodney A. Brooks’ ‘Fixing the Racial Wealth Gap’ is one of the best written and most prescriptive books I’ve read on this prickly subject. Using powerful stats, stories and insightful wisdom, it is written from the heart, mind, body and spirit … plus years of research and thought as a mainstream journalist, Fixing the Racial Wealth Gap is revealing, humorous, instructive and sobering.” – Dr. George C. Fraser