Retirement Reflections

….and reality are sometimes difficult to see until the time arrives. Many times that dream of retirement is delayed due to unforeseen circumstances. A large group of those reaching the age of retirement have not prepared well. In spite of this fact most “boomers” feel confident going into their retirement years. Americans are living longer and more active than previous generations.  That indicates that many of those moving into retirement years will continue to work. Many will find work as the new norm in keeping themselves in tune with the world around them. Some are finding new interest to excel in. The pursuit of new areas of interest can be quite stimulating and rewarding. Suffice to say that the picture of retirement is an ever-changing landscape. This still leads us back to a reality. Again, most Americans have not financially planned for retirement.

Retirement Options with a Reverse Mortgage

The option of a Reverse Mortgage is one that can provide some homeowners to achieve a sense of confidence in addressing their retirement years. By accessing their equity through a Reverse Mortgage they can now access areas of retirement that they would not otherwise consider. Downsizing from their present home or staying can be a very emotional issue for many adults. Aging in place can be an option through a Reverse Mortgage. Having funds available for home improvement or just that vacation that you have always wanted. *Keep in mind these funds are also “tax-free” disbursements.

HECM (Home Equity Conversion) or Reverse Mortgage is one of the options that may be available to you as a homeowner. Discussion with a Reverse Mortgage Specialist is important in the decision-making process. In fact, counseling is mandatory with the lender prior to a homeowner agreeing.

Please give me a call if you would like a confidential consultation.

Best Regards,

Rod Graves
Reverse Mortgage Specialist
619-587-9765
NMLS# 324581
CalBre# 0870696