How can a Reverse Mortgage be used for retirement security?
- Replace cash reserves
- Delay drawing Social Security payments and pension payouts
- Loan Proceeds are not considered income and can be used as a tax- free income supplement
- Eliminate monthly mortgage payments to help increase cash flow
- Buffer spending of investments in a down market
The Big Picture
Home equity is a dynamic financial tool that should be discussed when planning your retirement.
Call or Email me to set up a free consultation on the pros and cons of a Reverse Mortgage and how it may fit into your families long term plans.
Tyson Underwood – 310-540-1330 or tyson@american-california.com