If you bet your life that’s a big wager. This is exactly what many retirees are doing today by delaying Social Security payments or getting a reverse mortgage. It comes down to…
Continue readingIs retirement planning broken?
A recent article in the Wall Street Journal cites concern over the 4% Rule. Traditional withdrawal strategies may no longer work for most in today’s market. Reverse Mortgages are mentioned as part of the solution.
Continue readingNot saying anything is often times doing harm to clients
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Does the doctor really know what’s best?
What if you went to the doctor and they didn’t know about a life-saving treatment that had been used for 20 plus years and you left becoming worse? That’s similar to the situation many retirees find themselves in when meeting with financial planners who either don’t know about, or misunderstand reverse mortgages. It is a potential solution that should always be considered and presented for the client (patient) to choose.
We look at the changing perspective of financial professionals and the need for our industry to spearhead an effort to educate the financial community at large about the uses and functions of a reverse mortgage.
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