I had reason recently to look up old colleague, Bob Budreika, from the Financial Planning days, seeking his advice. Bob (as heard on Radio Station 5AA) is an expert on Reverse Mortgages and their application for a ‘smooth retirement’. A sliding scale that increases the loan to value ratio based on age and longevity means a person in their 90s can access far more equity in their home than a 60 year old. This brake on younger ages prevents the compounding interest on the loan blowing out and reduces the risk of leaving zero equity in the home. 1119 Bulletin