The Reverse Mortgage Isn’t What You Think

Cashflow Legendz with Nate Dean & Brandon Goswick

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I recently joined Brandon Goswick and Nate Dean on the Cashflow Legendz Podcast for a fun and wide-ranging conversation about the modern reverse mortgage and how housing wealth can become the “fourth bucket” of retirement planning.

We talked about growing HECM lines of credit, eliminating a mandatory monthly mortgage payment, coordinating housing wealth with life insurance, creating a potential volatility buffer during market downturns, and why a reverse mortgage isn’t right for everyone. Pasted text

And yes, I even got to share one of my favorite stories: “Did Jesus do the first reverse mortgage?” Jump to 5:19 for that one.

Watch the full episode on YouTube

Podcast Chapters

The modern reverse mortgage isn’t something everyone needs. But if housing wealth could make what you’re already doing better, isn’t it worth exploring?

I also mentioned my 16 Considerations Before Getting a Reverse Mortgage, which you can find at 16Considerations.com.

What to Do When You Have a Client or Case?

Go to www.HousingWealthPro.com and request an Housing Wealth Illustration. Give Details in the “Notes” Section including the clients phone # if they would like a Housing Wealth Assessment. You can also
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Want faster results? Visit www.HousingWealthCalculator.com and get a 60-second preview of potential reverse mortgage benefits.

The content of this blog is for financial advisors and professionals only and is not intended for consumer use. Names, cases, and scenarios are fictionalized for illustrative purposes. The opinions expressed here are those of the author alone and do not reflect the views of any affiliated entities or individuals. Don Graves, NMLS #142667.

Don Graves, RICP®, CLTC®, CSA, IRMAACP™

President and Chief Conversation Starter at HECM Advisors Group/Institute

Don Graves, RICP® is a Retirement Income Certified Professional and one of the Nation’s Leading Educators on the Emerging Role of Reverse Mortgages in Retirement Income Planning. He is president and founder of the HECM Institute for Housing Wealth Studies and an adjunct professor of Retirement Income at The American College of Financial Services. He has helped tens of thousands of Advisors as well as more than 3,000 personal clients since the year 2000

@AskDonGraves

+Don Graves, RICP®, CLTC®, Certified Senior Advisor, CSA®

@AskDonGraves