Posts Tagged ‘inflation’
How a 67-Year-Old Used a Reverse Mortgage as a Bridge to Delay Social Security to 70 and Added $186,000 to Lifetime Income
Reverse Mortgage as a Bridge to Delay Social Security A 67-year-old homeowner can fund a three-year Social Security delay with a HECM Line of Credit instead of portfolio withdrawals, securing a permanent $815 monthly benefit increase (24% raise) while avoiding sequence-of-returns risk during market downturns; the strategy nets approximately $186,000 in additional lifetime wealth. A…
Read MoreFive Reasons people hold off on taking out a Reverse Mortgage. Sometimes they wait until it’s too late
*Fear of making a mistake*Family influence or outside opinions*Confusion about how the loan really works*Feeling overwhelmed by too many details or steps*Not seeing enough urgency to act now*Something is still holding you back. What feels unresolved to you?” *I can help “unstick” the conversation, and the process includes:*What would need to happen for you to…
Read MoreHow can Americans; especially senior Americans live with these high grocery prices?
Government Shutdown
As most of you know by now, the Federal Government was shut down effective October 1 and will remain shut down until Congress comes to an agreement to continue funding the government. We will keep you updated as we learn and hear more here at SimpleReverse, but in the meantime, what does this mean for…
Read More6 Key Signs You’ll Run Out of Retirement Funds Too Early
The thought of running out of money in retirement keeps plenty of Americans awake at night. In a survey of financial planners by the Financial Planning Association and the Journal of Financial Planning, over 47 % of respondents rated running out of money as their clients’ greatest retirement fear, with another 22% saying it was…
Read MoreGoodbye to Retirement at 67
SSA sends a misleading email regarding President Donald Trump’s tax cuts on Social Security benefits for most recipients to making the most of your Social Security benefits. While the change may seem small, it has important implications on how and when you can claim your benefits. Understanding how these changes affect your retirement strategy is…
Read MoreHow Panicked Investors are Helping the HECM
How Panicked Investors are Helping the HECM In 2025, the HECM lending industry stands at a critical juncture—balancing long-term promise against short-term headwinds. While demographic trends continue to favor a bright future, reverse mortgage professionals are grappling with regulatory hurdles, declining loan volume, and ongoing public misconceptions. The sentiment? Cautious optimism, grounded in realism. Today,…
Read MoreIs a reverse mortgage or HELOC better for seniors
Is a reverse mortgage or HELOC better for seniors? Experts weigh in The choice between a reverse mortgage or HELOC can be a tough one for seniors.Though easing inflation and the Federal Reserve’s recent rate cut should help to ease the pressure on many Americans, some are still struggling financially. That might mean turning to credit cards to make ends meet or,…
Read MoreDuring Retirement
Forget the 4% Rule? Here’s What You Should Really Be Looking at During Retirement. Everyone’s retirement is different, but we all have a common goal: ensuring our retirement savings last long enough. The 4% rule is arguably the go-to guideline for determining how quickly you can spend your savings. It states that a retiree can…
Read MoreInflation scare
Ron Insana: The 2024 inflation scare has arrived, but there are still signs of hope for investors. U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., March 20, 2024. U.S. Federal Reserve Chair Jerome Powell holds a press…
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