Retirement Planning News using a Reverse Mortgage
I try to post news articles several times a week on Retirement Planning News using a Reverse Mortgage. The financial planning community has begun to take a different look at the new safer Reverse Mortgage as a supplemental income tool due to age longevity. News at the bottom where FINRA where they remove the take on Reverse Mortgages from NO to YES. Financial Planers are supposed to give their clients the best and all advise. I have many recommending their clients get a Reverse Mortgage because they are guaranteed by the FHA and not subject to stocks declining or real estate declining. I have put Retirement Planning News links here because some very trustworthy nationally known economists and financial experts are writing good things about the Reverse Mortgage.
NAELA journal- HECM as Alternative to LTCI. This idea I had shown Elder Law and Financial Planners for a wile and they didn’t like it.
How does the Growing Line of Credit work?
One Risky Reverse Mortgages safer by Chicago Tribune. Read More
Reverse Mortgage Long Term Care Strategy. Read More
Don’t Worry About the Market Unless Your Retirement Depends on it. Retirement Daily and Its Editor, Robert Powell. Read More
How not to run out of money in retirement.This column was provided to The Associated Press by the personal finance written by Liz Weston is a columnist NerdWallet. Read Story
Five Ways Retirement Plans Go Off Track. Read Story
Positioning Reverse Mortgages as a solution in a down market Read Story
Three reasons to pay off your mortgage. Fox News and Motley Fool
Would your retirement plan hold up in court? by Forbes Read More
More seniors are getting divorced and judges are separating assets with a Reverse Mortgages. Read Story
Should I get a Reverse Mortgage? MSN.com See video
Here’s the Average Cost of Retirement: How Prepared Are You? Read Story
Elder Law and Estate Planning Advice. Read Story
Should you use a reverse mortgage to delay taking Social Security? USA Today. Read Story
Robert C Merton. Nobel Prize-winning economist talks about Reverse Mortgages.Read story
Financial planners should avoid error by omission and consider reverse mortgages Read
FINRA (Financial Advisor Planning organization) for the purpose of protecting investors) Debunks Reverse Mortgage Misconceptions Potential borrowers should know all of the facts before getting a reverse mortgage, and a recent podcast from the Financial Industry Regulatory Authority (FINRA) clears up some common misconceptions associated with the product. Read
Financial Planners and CPA’s. A reverse mortgage loan is not for everyone. Our goal is to work with trusted financial and legal financial planners and CPA’s to help determine if a reverse mortgage meets the needs of your client. We can accomplish this by providing detailed loan scenarios to you (with your client’s permission) and personal consultation with our staff to help reach a decision that is in the best interest of all parties. We are up front with our clients about the advantages and disadvantages of a reverse mortgage.
Call Scott Underwood for your Reverse Mortgage needs in Birmingham (205) 908-2993, (256) 677-9767, or email ReverseMortgageAlabama@gmail.com. In Huntsville call Tonia Owens (256) 679-8538, (205) 378-9421, or email at ReverseMortgageHuntsville@gmail.com