The course is filmed at the American College of Financial Services and taught by the College's adjunct instructor, Don Graves, RICP®. Don is the nation’s first reverse mortgage professional to obtain the Retirement Income Certified Professional (RICP®) designation and is widely credited for introducing reverse mortgage planning strategies into the RICP® program and retirement income conversation at the College.

In the 4-hour course, Don distills more than 20,000 advisor/client engagements over two decades into practical, common sense strategies. It is designed to help advisors understand how housing wealth, when incorporated into retirement income planning, can help their clients increase cash flow, reduce risks, preserve assets, improve liquidity and add new investable dollars back into their savings through strategies that are both ethical and compliant.

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• Able to identify the main components of a reverse mortgage and the basic rules and regulations surrounding the Home Equity Conversion Mortgage (HECM), including the aspects of the program that have changed in recent years.
• Internalize the five HECM Foundations—the strategical building blocks for all reverse mortgage strategies—and be able to identify which foundation may be appropriate for the use in clients’ individualized retirement planning.
• Explain the benefits and concerns related to reverse mortgages and evaluate if a reverse mortgage is in the client's best interest.
• Explore asset allocation models, portfolio coordination and sustainable withdrawal rates to allow for a reasonable chance of a portfolio lasting over the client’s lifetime; understand the mechanisms whereby reverse mortgages can coordinate with retirement spending from investments.
• Demonstrate how reverse mortgages incorporate with retirement income, investments, annuities, and insurances—WITHOUT using loan proceeds—to create enhanced outcomes not otherwise achievable.
• Incorporate advanced and tax-efficient reverse mortgage strategies into a comprehensive retirement income planning process, especially as it pertains to Roth IRA rollovers.

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• Earn 4 Continuing Education Credit Hours
• Earn Course Completion Documentation
• Number of questions: 20
• Attempts: 2 

This test is required for those seeking CFP Continuing Education Credits and Professional Recertification for the American College of Financial Services for these designations: CAP®, CASL®, ChFC®, ChSNC®, CLF®, CLU®, FSCP®, RICP®, WMCP®, GFSP™ 

• Earn Certificate in Housing Wealth Applications
• Earn Digital Badge
• Number of questions: 75-100
• Attempts: 2

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