Description:Leading retirement researchers, like Wade Pfau from the American College, have concluded that today's reverse mortgage can improve a client's retirement income efficiency, retirement sustainability and their legacy. Attendees will receive current information on the pros and cons of reverse mortgages. Four common uses of reverse mortgages will be reviewed, including strategies for managing long-term care risk. Learning Objectives: Upon completion of the program, attendees will be able to provide valuable advice to older clients on how a reverse mortgage may help: - Educate older clients on the pros and cons of FHA-insured reverse mortgages, - Present HECM solutions to clients tailored to their particular circumstances, - Explain to clients the various uses of a reverse mortgage, i.e. line of credit, tenure payments, refinancing existing mortgage, and purchasing a new home.