Join host Bryan Bibbo and special guest Don Graves, RICP®, CLTC®, CSA® Certified Senior Advisor, president and founder of the Housing Wealth Institute and an Adjunct Instructor of Retirement Income at the American College of Financial Services, as they explore the often misunderstood world of reverse mortgages and their potential role in retirement planning.
Together, Bibbo and Graves discuss how these financial instruments can provide increased flexibility, improve cash flow, and potentially enhance overall retirement outcomes when used strategically.
Key Topics Discussed:
- Beyond the Stigma: Don explains how reverse mortgages have evolved and why they’re now being considered by financial planners for clients across the wealth spectrum.
- The Mechanics of Reverse Mortgages: A breakdown of how these loans work, including the growing line of credit feature.
- Strategic Applications: Various ways reverse mortgages can be used, from eliminating monthly mortgage payments to funding estate planning strategies.
- Protecting Homeownership: Discussion on the safeguards in place and common misconceptions about losing one’s home.
Listen as Graves dispels common myths and shares insights on how reverse mortgages are “just another mortgage” and can be a valuable tool for retirees across various financial situations.
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