Dave Chilton

If inflation comes back, you're in a lot of trouble.

You lose control.

There's lots of negatives.

But for a portion of your money, I often think they're a very good tool that can make a difference.

In fact, in some cases, I'm astonished they're not used for 5%, 10%, 15% or 20%, the number you used.

Why are you and I on the same page, but almost nobody else is?

I guess we're just a couple of smart guys.

I couldn't agree more.

And I'm, again, surprised they're not used more than they are.

The other thing is all of the research saying that psychologically, having money that you know is going to come in tends to tie into happiness more.

Yes, you have CPP, OAS, but having that little bit more, if you don't have a defined benefit pension plan...

can often relieve stress and lead people to being a little happier in general.

So you and I are on the same page.

Now, I wasn't going to go to this early, but it made me think about it when we talked about annuities.

What do you think about reverse mortgages?

Yeah.

Again, you and I, I think, view so many of these things in a similar fashion.

I don't view reverse mortgages or being good as bad.

They're a tool.

And in the right case, they can be valuable.