Our daily roundup of retirement news your clients may be thinking about.
How to get retirement income from your home The Center for Retirement Research at Boston College has released a new e-book that guides retirees on how to handle their home and supplement their retirement income. The e-book advises retirees to consider downsizing first before taking a reverse mortgage, according to The Wall Street Journal. You want to be in the right home for retirement as soon as you can. And its costly to downsize after a reverse mortgage, as the fees and interest will reduce the equity you have in your current home, the authors write. --The Wall Street Journal
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