The stock market’s heightened volatility this year is a painful reminder of how quickly Wall Street can go from bullish to bearish. When that happens, taking withdrawals from your retirement account after its value has declined can put you at risk of running out of money.
During times like these, having a reliable income source that is not dependent on stock market growth can be valuable. To that end, I recently sat down with Mark McVearry, a senior loan officer with Acre Mortgage & Financial, to discuss Reverse Mortgages.
This post originally appeared at Investing Daily.