There is a lot of talk about aging, longevity, and the fear of running out of money. There are people at every corner that will advise you to save more money and to prepare for illness, care needs, and ultimately unexpected longevity. I person
Sep 09, 2016 | supplemental retirement income Reverse Mortgage Retirement Planning Retirement security Retirement income insecurity HECM Reverse Mortgage Financial Planning Seniors
A key retirement goal should always be financial security. This is often much easier said than done. It is easy to physically retire from work but are you also mentally retired? In other words, being physically retired but mentally insec
Aug 11, 2016 | Reverse Mortgage Retirement security HECM for Purchase supplemental retirement income HECM Reverse Mortgage Seniors
The HECM for Purchase vehicle is an excellent tool but people are generally immediately turned off due to the heavy down payment. What they don’t realize is that it's more than just a home loan. It’s a terrific financial manage
Jul 21, 2016 | Reverse Mortgage Seniors HECM for Purchase HECM Reverse Mortgage
When we hear the annuity pitch it starts out like this: Put a lump sum down in your early fifties and when you turn 65 you will begin to receive monthly payments. How much will I receive per month? Well that depends on the index, like the S &a
Jul 18, 2016 | supplemental retirement income Retirement Planning Seniors reverse credit line Reverse Mortgage HECM Reverse Mortgage Annuity Government insured mortgage lifetime income with a Reverse
Good article that touches on the benefits, the protections, and the risks associated with a HECM Reverse Mortgage. With the first line of baby boomers recently turning seventy and faced with securing their retirement, this will become a go to program
Jun 29, 2016 | Reverse Mortgage Seniors Retirement Planning Retirement security Financial Planning HECM Reverse Mortgage
I've talked about all of these uses of Reverse Mortgages over time in my blog....from the obvious paying off mortgages to delaying social security, or buying a new home with a reverse mortgage, . Only one I haven't been expose
Jun 24, 2016 | supplemental retirement income Social Security Retirement Planning Reverse to Purchase Mortgage HECM Reverse Mortgage Long Term Care Financial Planning HECM for Purchase