In short, your reverse mortgage proceeds may provide
the value of a comfortable retirement, especially if other options are not available.
In short, your reverse mortgage proceeds may provide
the value of a comfortable retirement, especially if other options are not available.
Not exact matches
In California's most expensive ZIP code, the median home
value is about six times the amount
of savings you need for a
comfortable retirement.
In terms
of how this relates to asset allocation in
retirement, if you are
comfortable with any given 5 year period being slightly below breakeven on a worst case basis, you could consider having about 5 years» worth
of expenses in more liquid and safe assets and have comfort that the rest
of your portfolio in stocks will at least hold their
value pretty well.
Calculate a present
value for a stream
of payments (i.e., Social Security, pension & etc.), add this to your
retirement portfolio and then calculate the equity allocation you are
comfortable with.