Money: Is a Reverse Mortgage Right for You?
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.
Rodney Brooks
Hello! I’m Rodney A. Brooks®. I am a veteran journalist, writer and author and my specialty is retirement planning and other personal finance issues. I have written for many national publications, including USA TODAY, The Washington Post, U.S. News & World Report, AARP and National Geographic. I am available to speak on personal finance, financial literacy and the racial wealth gap.
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