10 retirement risks facing your clients
Longevity risk
The possibility that retirees live to such an advanced age that they deplete their retirement savings and must rely solely on Social Security to meet their expenses.
“Reverse mortgages are a smart solution for advisers with clients afraid of outliving their money. The largest asset for a lot of retirees is their home, which is typically illiquid. A reverse mortgage is one way to turn this illiquid asset into something liquid and lasting.”
— Jerry Auippa, senior account executive, Longbridge Financial