Past Webinar: Watch on Demand

Jamie Hopkins, Esq, LLM,MBA,CFP®,RICP®

Tuesday, March 10, 2020 | 12:00 PM — 1:00 PM EDT

Leveraging Housing Wealth in a Bucketing Plan

Presented by:
Jamie Hopkins, Esq, LLM,MBA,CFP®,RICP®

Professor of Taxation at The American College and the Director of the New York Life Center for Retirement Income

Retirement income planning is like trying to hit a moving target in the wind. The target is the client's goals, the target is moving because we don't know how long someone will be in retirement, and there is wind because laws, the market, and other things change throughout the course of a retirement. To effectively build a retirement income plan you need to take a holistic approach to the client's situation, this includes examining cash flow and wealth management strategies as it relates to the home. When used appropriately home equity can help increase the sustainability of a retirement income portfolio and create a better lifestyle outcome for the client. Lastly, a really good plan or strategy is great, but if the client doesn't understand or buy into the plan, execution will fail. This is why the bucketing approach to retirement income can be used to better incorporate home equity into a common sense strategy that a client can get behind and buy into. 

At the end of this course, participants will be equipped to:
  • Review the existing research and best practices around using home equity and reverse mortgages to support a retirement income plan. 
  • Examine why a fiduciary planning mindset requires a review of reverse mortgages.
  • Dive into the bucketing approach to retirement income planning and how it can help with client plan adoption and execution. 

Please Note: One CE credit will be provided for CFP, RICP, CLU, ChFC, and CFFP/Kaplan designations.

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