Texas Tech University

Reverse Mortgage Funding to Co-Host Webinar for Financial Advisors

Financial Tech Spotlight

May 13, 2015

Financial Tech Spotlight - The webinar will be hosted by Tom Dickson, founder of Financial Experts Network, and will feature wealth manager Dr. John Salter, CFP, AIFA, Associate Professor of Financial Planning at Texas Tech University.

Dr. Salter, along with Shaun Pfeiffer and Harold Evensky, authored the research project Standby Reverse Mortgages: A Risk Management Tool for Retirement Distributions, which was published in the Journal of Financial Planning. During the webinar, Dr. Salter will discuss the research and how the FHA-insured HECM "standby" line of credit is an effective financial alternative for consumers to leverage without having to sell off their assets. Through the research study, Dr. Salter and his colleagues found that this strategy optimized portfolio survival rates by early 30 percent.

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