On June 11, 2018 Kiplinger posted an on-line quiz for reverse mortgages. The article was titled Reverse Mortgage Quiz: Test Your Knowledge.
The author, Jamie Hopkins, is a Professor of Retirement Income Planning at The American College of Financial Services. He created this quiz to help
teach people about reverse mortgages because, “home equity is America’s largest retirement asset, it can be nearly twice as much as their investment
“Very few retirees or their financial advisors, however, know much about how to properly utilize home equity in retirement planning.” He continues, “Tapping
into home equity must be done thoughtfully and through a well-informed, comprehensive retirement planning process.”
I recommend taking the 5-7-minute quiz and see how you did. The average person taking the test scores 7 out of 10 correct. This however, can
be skewed by the number of reverse mortgage professionals that have probably participated.
I’d love to hear how you did and answer any questions you have about it. Please feel free to call me at my direct line 303-467-7821 or e-mail me
at firstname.lastname@example.org or text me at 303-513-2748.