Ken Fisher (‘the I hate annuities” guy) says reverse mortgages are a risky proposition. What about seniors with little retirement savings?
“I hate annuities. We don’t sell annuities. I would die and go to hell before I would sell an annuity”. Those words may sound familiar If you’ve seen Ken Fisher’s television ads or heard his radio spots for Fisher Investments. Recently he penned a national column for USA Today- “Considering reverse mortgages? Better to reverse course on this risky choice”. Is Mr. Fisher an expert on reverse mortgages?