Not the vacation destination, but a complex financial model. For seniors with assets under the management of a financial professional it’s more than just’getting’ a reverse mortgage. In part two of our exclusive interview, Dr. John Salter of Texas Tech discusses what a Monte Carlo simulation is, capital needs analysis and retirement horizons. A great insight into the world of comprehensive financial planning. When should a retiree sell or hold stocks in their portfolio and what sources of cash can they use including a ‘standby’ reverse mortgage?