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Fitting Home Equity into a Retirement Income Strategy: Check your understanding.

Now that you have viewed the course, you must complete this online quiz in test your knowledge. When you have completed the last question, click the “Finish Your Understanding and Feedback” button to submit your final answers. You may not return to review or change your answers after submitting or if you close the browser window. You may restart the quiz if needed.

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  • You passed the quiz. If you need CE credit, we will report your 1.0 CE credit hour for CFP® and CRC®. You are responsible for reporting your 1.0 CE credit hour for ASPPA. CRPC® and the American College’s Professional Recertification Program (CLU®, ChFC®, RICP®, CASL). Please print your certificate for your records.

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  1. Question 1 of 5
    1. Question
    1 point(s)

    Reasons to open a reverse mortgage as soon as possible versus waiting until you need it include all the following, except:

  2. Question 2 of 5
    2. Question
    1 point(s)

    The spectrum of potential reverse mortgage uses to optimize home equity for retirement goals include the following, except:

  3. Question 3 of 5
    3. Question
    1 point(s)

    One way to manage sequence of returns risk in retirement is to use HECM strategies for retirement portfolio coordination.  Which of the following is the least effective portfolio coordination strategy?

  4. Question 4 of 5
    4. Question
    1 point(s)

    All the following are conclusions of Pfau’s research, except:

  5. Question 5 of 5
    5. Question
    1 point(s)

    HECM spending options include the following, except:

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