Talk Credit Radio With Gerri Detweiler

If you reach retirement age with funds in a 401(k) account you’ll have to make decisions about what to do with that money. In this interview with Stretcher.com founder Gary Foreman, we discuss the five options available at retirement. We discuss how to avoid expensive penalties and common mistakes. In the second part of the interview we talk about reverse mortgages and when they may – or may not – be useful for supplementing retirement income. This interview aired live October 7, 2013.