Ah, but you forgot about the option of taking out reverse mortgages! We can now extract cash from our inflated homes to support our lifestyle and stay in them until we die. Of course, the bank then owns the property after we die. (Another way to screw our millennial heirs, I suppos...
Reverse Mortgages 187 How You Should (or Should Not) Factor in Inheritance 188 Outer Pragmatics: Real World Concerns, Issues, and Details 189 Legal Planning 191 Medical Planning 192 Residency Planning 192 Life Planning 193 Inner Dynamics: Meaning, Purpose, and Pleasure in Retirement 194 Sharpening ...
Japan has traditionally had a relatively underdeveloped financial system. For example, in Japan, lifetime annuities, long-term care insurance, and reverse mortgages are not provided by the private sector to the same extent as they are in other developed countries (see Horioka and Kanda2010, for ...