The reverse mortgage is gaining ground around the world. In 2009, signed in the whole country of these features 2,700 products, up 8% from a year earlier, according to the latest data provided by the consulting firm specializing in financial advice www.allrmc.com, which reveal that the average value of these transactions was $350,000.
Is a fact that many baby boomers plan to work in some capacity in retirement. When they reach the big six-o, not automatically change the traditional role of a typical retiree. That is not part of their life plan.
That will not fade in the sun to play bingo, shuffleboard, or wasting time and money gambling in casinos. Exercise, are in good health, great, and work to continue.
This means that a growing number of more than 60 years old, men and women do not think, look or live like their parents at the same age. However, judging by the images and representations of the elderly in TV commercials, these people do not exist.
For example, television commercials pitching medicare supplement insurance for seniors, retirees represent only typical kissing the baby’s grandmother, grandmother blowing bubbles with grandchildren, grandparents walking along the beach holding hands, playing grandfather the ball with his grandchildren.
The attempt is to revive the famous “swap rates”, a mechanism that was adopted without much success in the era of Redrado as Chairman of the Central Bank. This would implement incentive policies through the lace (Immobilized Reserve) Bank, here are some of the initiatives that have begun to be evaluated with the Central Bank to improve the supply of cheap credit.