[vimeo id=”96936437″ width=”625″ height=”352″]
Bloomberg questions dire retirement predictions
Several studies and articles in both national and financial publications have touted the coming retirement crisis. A recent article in Bloomberg by columnist Ben Stevenson takes a contrary view. The column launches into some of the typical dire predictions for future American retirees: a defunct Social Security program unable to meet its promises, and a strained medical system leaving seniors health in jeopardy. Do such gloomy visions mean that the dream of American retirement is dead? Not quite. The article makes one of its most salient points when…
Download the video transcript here.
Looking for more reverse mortgage news, technology & training? Visit Reverse Focus here today.
1 Comment
while I also believe that social security may not fullfill the promises of funds I hoped to receive, I do believe that the HECM has a lot to offer the proactive seniors who want to cover all their options. Why not use their home equity as insurance, an annuity or for peace of mind. Stress and worry will shorten their golden years.