I would like to comment on this Washington Post article to put aside the guess work and focus directly on what a reader or potential homeowner should realistically expect from a reverse mortgage given this situation. Here's the facts. The
Apr 25, 2016 | Reverse Mortgage Retirement Planning supplemental retirement income HECM Reverse Mortgage Financial Assessments Seniors LESA Retirement security
I am constantly hearing about asset protection strategy regarding Medicaid or other entitlement programs. If you go too far on the strategy you could end up with only two beans in your pocket. Not everyone is comfortable with giving funds away and the fiv
Apr 15, 2016 | Reverse Mortgage Retirement Planning Annuity supplemental retirement income HECM Reverse Mortgage Seniors Retirement security
Good Huffington Post article that brings up a very important point which I have stressed in previous blogs. In answer to the title's question, no you shouldn't wait. When a retiree really doesn’t have a comprehensive plan, waiting to t
Apr 14, 2016 | Reverse Mortgage Retirement Planning supplemental retirement income HECM Reverse Mortgage Financial Planning Retirement security Eligibility for Reverse Mortgage
The constructive nature of the use of a reverse mortgage is the key take away from this article. The government has changed the program to protect retirees not only from getting in trouble with the program but also from themselves. Big brother
Mar 29, 2016 | Reverse Mortgage Retirement Planning supplemental retirement income HECM Reverse Mortgage Financial Planning Retirement security
Nice article on the benefits and practical applications of a government insured Reverse Mortgage that are simple and easy to understand. The problem today is that very few people want to plan. Most people prefer to seek out a Reverse Mortgage
Mar 25, 2016 | Reverse Mortgage Retirement Planning supplemental retirement income HECM Reverse Mortgage Seniors reverse credit line Retirement security
A Reverse Mortgage provides a unique advantage to retirees with home equity seeking supplementary income. In addition to additional income it also provides the opportunity to pay off existing mortgages and home equity lines to free up additional mon
Mar 23, 2016 | Reverse Mortgage Retirement Planning supplemental retirement income HECM Reverse Mortgage Financial Planning