Why a Reverse Mortgage?

Reverse mortgages can have a very real and very positive impact on people’s lives. Here is why.

Seniors monthly living expenses are significant and increasing. Some of these expenses are basic needs; paying of a mortgage, buying food or paying for healthcare and/or medicine. Others are new opportunities that seniors did not have before and many of them are improving their quality of life and that of those they love. Travel, giving charitable gifts, making home improvements, etc.

In order to have a safe, secure and independent life as a senior, it is crucially important to have enough money coming in each month to meet your desired expenses. It’s that simple.

Unfortunately, many seniors aren’t prepared for these expenses and are having to rely on family or a much reduced quality of life in order to make ends meet. Some unfortunate facts.

• Those 65 and over represent the fastest growing age group for bankruptcy filings in the United States.
• 43% of working households are in danger of having to little income to fund their retirement needs. (Center for Retirement Research at Boston College).
• 90% already RELY in some way on social security.

Don’t retire here!!!

Now for the good news…

This same group age 65 and over has over 1.9 trillion, that’s $1,900,000,000,000,000.00 of home equity just sitting there under their feet doing nothing for them. And that’s after these people have paid for 30 years to have that asset work for them.

Let the equity in your home help you have the safe, secure and independent retirement you deserve.