A congressionally-mandated study of reverse mortgages published this week by the CFPB concludes that elderly consumers are not getting enough information to help them make well-informed decisions and that better disclosures and better counseling is needed.
Retirement Research
BC Publishes Briefing Paper on Asset Allocation
The Center for Retirement Research published a briefing paper that provides an abridged, non-technical version of an earlier study entitled, How Important is Asset Allocation to Financial Security in Retirement?
Researchers Recommend Reverse Mortgages for Retirement Planning
The Center for Retirement Research published a new study, which concludes that financial planners have mistakenly focused on asset allocation, rather than the broader range of retirement options, such as reverse mortgages.