Colorado’s First Certified Reverse Mortgage Specialist  - (303) 467-7821

Reverse Mortgage Blog

Reverse Mortgage Conversation on “The Street”

- Tuesday, February 25, 2020
Reverse Mortgage Conversation on “The Street”

“Thestreet.com” is financial news and literacy website that is directed towards mainstream America and personal finance.

In 2019 Robert Powell, editor of Retirement Daily, interviewed Steve Resch, VP – Retirement Strategies for Finance of America Reverse. Mr. Resch is also a financial planner for 25 years and has been using reverse mortgages with his clients in his financial planning business for 15 years.

In this 9-minute interview, he discusses using home equity to mitigate and manage risks during retirement. He says, “Anything that is going to disrupt or interrupt a planned 30 year retirement period can be mitigated by incorporating home equity in the planning process”.

Some examples of risks that are discussed are:

  • Sequence of returns
  • Long-term care expenditures
  • Unexpected expenses

They also discuss reverse mortgage requirements and uses for reverse mortgages.

This is a good, brief interview that may give you some ideas you hadn’t considered when thinking about reverse mortgages.

You can watch the video below.

Free Reverse Mortgage E-Book

Colorado Reverse Mortgage Guide.

All the facts you need to make an informed decision whether a reverse mortgage is right for you.

Subscribe to: P - 7 Mistakes To Avoid Subscribe to: Newsletter
I would you like a Free Consultation to get all of my questions answered.

Bruce Simmons
I absolutely love what I do - working with senior homeowners to help them live a more comfortable, flexible and secure retirement. I have the absolute best customers in the world, and even though I worked in the forward mortgage business for a number of years, I could never go back to doing conventional loans. I'm a 100% reverse mortgage specialist.
 

Comments

Comment


No Very





Captcha Image

FREE REVERSE MORTAGAGE E-BOOK

Colorado Reverse Mortgage Guide.

Get this 28 page Consumer Guide packed with all the facts you need to make an informed decision to see if a reverse mortgage is right for you.

Subscribe to: P - 7 Mistakes To Avoid Subscribe to: Newsletter

I would like a Free Consultation to get all of my questions answered.




Recent Posts


Tags


Archive

Contact Info

Bruce Simmons Reverse Mortgage Specialist

American Liberty Mortgage, Inc.
Bruce E. Simmons, CRMP
Reverse Mortgage Manager
NMLS #409914

1932 W 33rd Ave
Denver, CO 80211

Direct: (303) 467-7821
Cell: (303) 513-2748
Toll Free: 1-877-467-7801

Fax: (303) 600-7871
bruce@almortgageinc.com

Licensing: Colorado LMB #100036937 // American Liberty Mortgage, Inc NMLS #1462
Denver Website Design IOBI Systems