Using a Reverse Mortgage to Strengthen Your Retirement Plan
🎞️ · 16.11.2023 · 00:34:59 ··· Donnerstag ⭐ 0 🎬 0
📺 Reverse Mortgage Group
🎬 · 16.11.2023 · 00:34:59 ··· Donnerstag
😎 · 03.07.2024 · 15:40:29 ··· MiTTwoch
Many more financial planners are seeing the benefits of incorporating a “buffer asset” into a retirement strategy. This buffer asset is simply another bucket of money to draw from throughout retirement. Taking draws periodically and strategically from this secondary asset can help add longevity and security to a senior’s retirement plan. In this episode, we talk about using a reverse mortgage to create this buffer asset. A reverse mortgage allows you to access and leverage a portion of your home’s equity without creating a mortgage payment. Financial planners have discovered that by drawing from your home’s equity instead of your retirement assets during a down year in the economy, gives the portfolio time to rebound and recover – greatly preserving the value and increasing the longevity of the portfolio.
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Call us with any questions. 805-738-8326
For additional information on this topic, see our video ‘Reduce Risk and Add Longevity to Your Retirement Portfolio’ here: https://youtu.be/aAU6ekExASE
· 16.11.2023 · 00:34:59 ··· Donnerstag
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