Wednesday 4th December
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Are You Overestimating Your Ability to Access Your Own Money in Retirement?
Written on 15 Feb, 2016 at 9:14
I've found that most homeowners are dramatically overestimating their ability to pay off mortgages in retirement and/or access the equity in their homes once retired.... (Continue reading)
How & Why I Fell in Love with the Reverse Mortgage
Written on 21 Feb, 2015 at 0:05
Nothing else does what a reverse mortgage does. There's no real alternative because any other type of home equity loan would require you to make monthly payments, and you can't retire with high monthly payments or you could end up... (Continue reading)
Even with $2 million in the bank, you should still have a reverse mortgage
Written on 5 Aug, 2014 at 4:17
Having saved $2 million in your retirement nest egg is a wonderful accomplishment, and if you've done so, you are to be commended. But, it does not mean that you have nothing to worry about when facing what could... (Continue reading)
Motley Fooled by Reverse Mortgages – New York Times No Better
Written on 13 May, 2014 at 12:17
If you've seen one article about the "risks" or "perils" or "nightmares," associated with reverse mortgages, you've quite literally seen them all. It feels almost like one writer started a chain letter on the subject, and the rest of... (Continue reading)
Creative Uses for Reverse Mortgages… That You’ve Probably Never Considered
Written on 16 Jul, 2013 at 4:07
I can't think of anything that's anything like a reverse mortgage. And the more I think about how they work and can be structured, the more uses for them come to mind. For example, one of the best... (Continue reading)