The author is not trying to sell Reverse mortgages, just informing financial advisors about different uses of the product. This book should be required reading for all financial planners and Reverse mortgage originators. As a Reverse mortgage originator myself, I agree that the product is not right for every senior.
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Retirement Planning Using Home Equity Many Ways The New Reverse Mortgage Can Be Used To Enhance Your Financial Security In Retirement Protect portfolio performance in a down market. Delay Social Security and pension payouts. Draw on tax-free funds to reduce tax liability.* Postpone drawing down retirement assets, giving assets more time to grow.
They’re buying agency mortgage. agency mortgages aren’t poised to perform that well, he said. “We hold hardly any traditional Fannie-Freddie agency MBS in our portfolio,” Mr. Collins said. “At our.
Although private construction did not significantly respond to these opportunities during 2006, private non-residential construction ramped up throughout 2007. That private non-residential activity.
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Financial Planner Takes Aim at Reverse Mortgages, Industry Expert Responds By Chris Clow | March 21, 2019 June 11, 2019 Prominent financial planner Jill Schlesinger, who has a historical track record of questioning the viability of reverse mortgage products, has highlighted what she views as their deficiencies in a new radio appearance.
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It seems financial companies are taking advantage of the perceived tax advantage of a Cash Isa and short-changing unsuspecting customers who could actually earn more interest by using non-Isa savings.
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