Wow! Senior housing wealth at record level!
The data is in! In Q3 of 2022 homeowners over age 62 hold a record amount of home equity, $11.8 trillion. Congratulations!
Have you ever discussed with your financial advisor about a reverse mortgage?
What are the pros and cons they see with a reverse mortgage regarding your specific goals?
How does the reverse mortgage compare to other options in protecting or even growing wealth?
What if the dollar continues to lose purchasing power but the cost of living keeps going up?
What if retirement investments stop producing desired returns?
A lot of what if questions.
Please take the time to understand all your options, especially while home equity is at an all time high. If home equity decreases some options might get more limited.
Our team is ready to answer all questions.