Innovative Strategies for Retirement Planning
What You'll Learn
Most Americans hold the majority of their wealth in their homes — with over $35 trillion in home equity nationwide. Yet, this asset is often overlooked in retirement planning. New solutions, called Home Equity Instruments (HEIs), allow homeowners to responsibly access a portion of their equity…
Most Americans hold the majority of their wealth in their homes — with over $35 trillion in home equity nationwide. Yet, this asset is often overlooked in retirement planning. New solutions, called Home Equity Instruments (HEIs), allow homeowners to responsibly access a portion of their equity without taking on traditional debt.
This session explores how HEIs can be integrated into holistic retirement plans to fund retirement income and/or protection strategies; all while avoiding the need to draw from cash reserves or investment portfolios. You’ll see how financial planners are using HEIs to enhance client flexibility, reduce portfolio drawdowns, and expand options for funding retirement goals. We’ll also demonstrate how advanced planning software (InsMark’s Wealthy & WiseReactivate Advanced ) can model HEIs alongside other funding vehicles to support objective, client-centered recommendations.
Learning Objectives -- By the end of this session, attendees will be able to:
- Identify client profiles where unlocking home equity may be a useful planning strategy.
- Explain the potential benefits and tradeoffs of HEIs in the context of a client’s broader retirement plan.
- Introduce HEI concepts in a way that empowers clients to make informed decisions about funding retirement needs without unnecessary portfolio strain.
- Utilize planning software to compare HEIs with other options — such as cash or investment withdrawals — to demonstrate objective tradeoffs and client outcomes.
*CE/CPE Eligible: 1.0 CE credit(s) is(are) available to FEN Members with these designations: CFP, CLU, ChFC and RICP. CPA members will earn 1.0 CPE credit(s).
Field of Study: Specialized Knowledge
Prerequisites: There are no prerequisites for this session.
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet Based
NASBA Approved
Financial Experts Network (Sponsor Id#: 145173) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.