You’re retired – or soon will be – and you’re in the process of planning for your days after you stop working. You’re checking with your financial advisor regularly to make sure your IRA or 401K is performing as you hoped, and you’ve worked long enough that your Social Security payments will be near the maximum ….. so, your retirement plans seem to be on track. But as you observe all the market volatility these days and watch the cost of just about everything rise, you’re beginning to wonder whether this approach will provide enough money to fund the retirement lifestyle you and your family want. Let a reverse mortgage specialist show you how a reverse mortgage – an often-overlooked retirement planning option – can benefit senior homeowners. A reverse mortgage allows you to access the equity in your home – without selling it -and turn it into additional cash flow that you can use to fund a more secure retirement. It eliminates your monthly mortgage payments and instead provides payouts as a lump sum or monthly payments, a line of credit or some combination of the three. You can use the extra cash to renovate your home, fund a grandchild’s education or function as a “safety fund” should an emergency like an illness or accident occur. To find out more about reverse mortgages and retirement planning, call us today.
Whiteboard Videos for Financial Advisors, Loan Officers, Medicare and Reverse Mortgage
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