Sound Retirement Radio

431 Exploring Reverse Mortgages: Pros, Cons, and Real-World Insights

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Sinopsis

In today's podcast I interview Tane Cabe regarding reverse mortgages. In addition to doing a general overview of what they are we discuss how reverse mortgages can be used to increase cashflow in retirement, how a reverse mortgage can be used for the purchase of a home, we talk about taxes and fees associated with these mortgages, how some people are planning to use a reverse mortgage to help with long term care planning. We also share several stories that illustrate how people are using reverse mortgages. For articles, links, and resources mentioned in today's podcast, visit episode 431: SoundRetirementPlanning.com Ready to kick-start your retirement? The Retirement Budget Calculator is an intuitive tool that promises ease and accuracy. However, like any tool, user error could potentially lead to costly mistakes. To avoid this, let the experienced advisors at Parker Financial LLC guide you. When you hire our team, we offer a comprehensive review of your current investments, taxes, and the data in the Retir