A well-reasoned argument in favor of the reverse mortgage as a component of a retirement strategy.

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Reverse Mortgages

HOW TO USE REVERSE MORTGAGES TO SECURE YOUR RETIREMENT

From the The Retirement Researcher's Guide Series series , Vol. 1

A researcher and financial analyst explains the role of the reverse mortgage in retirement planning.

In this debut finance book, Pfau draws on accumulated research and a deep understanding of the intricacies of reverse mortgages to advocate for their role in a balanced fiscal strategy for retirement. The book covers the basics of retirement finance, explaining the common investment vehicles employed to provide funds for an individual no longer drawing a salary, and then focuses on the mechanics of using a reverse mortgage as one component of the income stream. Pfau explains the regulations governing reverse mortgages, from penalties designed to prevent a homeowner from making unwise decisions when converting the dwelling’s value to cash to the protections in place that ensure a nonborrowing spouse can continue to live in the house as needed. The book takes a calm and moderate approach to fiscal planning for retirement, offering numerous examples of the actual returns a homeowner can achieve in comparison to other investment vehicles and avoiding an alarmist tone regarding the viability of job departure or the future of finance. The result is both informative and well-reasoned, providing substantial information about reverse mortgages while emphasizing the fact that they are one component of responsible financial planning and not a panacea in themselves: “coordinating withdrawals from a reverse mortgage reduces strain on portfolio withdrawals, which helps manage sequence of returns risk.” Pfau acknowledges that although a house represents a significant fiscal asset, it also plays an emotional role in its owners’ lives that must be addressed in planning for its eventual disposal. He clearly explains that the reverse mortgage, which allows homeowners to remain in a place they love while still benefitting from the equity stored in it, can be a practical solution that addresses both monetary and personal criteria. “Further Reading” sections at the end of each chapter provide additional information for readers in search of more details about both the research cited and the workings of the financial instrument.

A well-reasoned argument in favor of the reverse mortgage as a component of a retirement strategy.

Pub Date: Oct. 3, 2016

ISBN: 978-1-945640-00-1

Page Count: 159

Publisher: Retirement Researcher Media

Review Posted Online: Sept. 14, 2016

Kirkus Reviews Issue: Oct. 15, 2016

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Stricter than, say, Bergen Evans or W3 ("disinterested" means impartial — period), Strunk is in the last analysis...

THE ELEMENTS OF STYLE

50TH ANNIVERSARY EDITION

Privately published by Strunk of Cornell in 1918 and revised by his student E. B. White in 1959, that "little book" is back again with more White updatings.

Stricter than, say, Bergen Evans or W3 ("disinterested" means impartial — period), Strunk is in the last analysis (whoops — "A bankrupt expression") a unique guide (which means "without like or equal").

Pub Date: May 15, 1972

ISBN: 0205632645

Page Count: 105

Publisher: Macmillan

Review Posted Online: Oct. 28, 2011

Kirkus Reviews Issue: May 1, 1972

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WHAT A WONDERFUL WORLD

A LIFETIME OF RECORDINGS

Noted jazz and pop record producer Thiele offers a chatty autobiography. Aided by record-business colleague Golden, Thiele traces his career from his start as a ``pubescent, novice jazz record producer'' in the 1940s through the '50s, when he headed Coral, Dot, and Roulette Records, and the '60s, when he worked for ABC and ran the famous Impulse! jazz label. At Coral, Thiele championed the work of ``hillbilly'' singer Buddy Holly, although the only sessions he produced with Holly were marred by saccharine strings. The producer specialized in more mainstream popsters like the irrepressibly perky Teresa Brewer (who later became his fourth wife) and the bubble-machine muzak-meister Lawrence Welk. At Dot, Thiele was instrumental in recording Jack Kerouac's famous beat- generation ramblings to jazz accompaniment (recordings that Dot's president found ``pornographic''), while also overseeing a steady stream of pop hits. He then moved to the Mafia-controlled Roulette label, where he observed the ``silk-suited, pinky-ringed'' entourage who frequented the label's offices. Incredibly, however, Thiele remembers the famously hard-nosed Morris Levy, who ran the label and was eventually convicted of extortion, as ``one of the kindest, most warm-hearted, and classiest music men I have ever known.'' At ABC/Impulse!, Thiele oversaw the classic recordings of John Coltrane, although he is the first to admit that Coltrane essentially produced his own sessions. Like many producers of the day, Thiele participated in the ownership of publishing rights to some of the songs he recorded; he makes no apology for this practice, which he calls ``entirely appropriate and without any ethical conflicts.'' A pleasant, if not exactly riveting, memoir that will be of most interest to those with a thirst for cocktail-hour stories of the record biz. (25 halftones, not seen)

Pub Date: May 1, 1995

ISBN: 0-19-508629-4

Page Count: 224

Publisher: Oxford Univ.

Review Posted Online: May 20, 2010

Kirkus Reviews Issue: March 1, 1995

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