Housing wealth is a largely untapped resource that can help older adults supplement their incomes and buffer financial … shocks in retirement. The federally insured reverse mortgage offers adults age 62 and older access to home equity with no … older holding a reverse mortgage. In this paper, we review barriers to borrowing from home equity, including an estimate of …

Many elderly people could markedly increase they standard of living by releasing housing equity. Purchase of a life … different forms of housing equity release. We take into account the fact that most households have most of their wealth in the … form of owner housing and that housing enjoys a tax-favoured status relative to most other forms of consumption and savings …