REVERSE MORTGAGE ENABLES REBALANCING — OF BOTH LIFESTYLE AND PORTFOLIO
After seven years of semi retirement, you resolved at the end of the last calendar year to begin full retirement this year, devoting your time to creative (amateur) pursuits. Having decided to continue living in your own home, you’ve completed a series of upgrades and adaptations to the house and grounds — and have been very pleased with the results. Even better, you were able to accomplish all of this without incurring any mortgage debt.
You’re now resolved to pay closer attention, going forward, to managing your financial assets. While you’ve been very pleased with the portfolio growth over the past couple of years, you’re concerned that—considering both your separate and jointly held investments—you’re overweighted in the stock market, with very little allocated to fixed income. Needless to say, the current political unrest around the world feels worrisome, and the standard advice about “rebalancing” offers little comfort when you consider the tax consequences of reducing your exposure to equities.
You’ve devoted serious thought to financing your retirement in both the near and more distant future, as well as to re-assessing your portfolio allocation decisions. One option you might consider is “rebalancing” your overall asset mix by using your housing wealth. By arranging a reverse mortgage on your home, you can effectively rebalance your assets—adding a debt component without triggering capital gains taxes from selling stockmarketbased investments.
Accessing your housing wealth through reverse mortgage financing may allow you to rebalance your asset mix without negative tax consequences—while adjusting confidently to your new, fully retired lifestyle.
https://mutualreverse.com/david-garrison
David Garrison, NMLS ID 1595194. Mutual of Omaha Mortgage, Inc. dba Mutual of Omaha Reverse Mortgage, NMLS ID 1025894. 3131 Camino Del Rio N 1100, San Diego, CA 92108. Indiana-DFI Mortgage Lending License 43321. Michigan 1st Mortgage Broker/Lender/Servicer Registrant FR0022702. These materials are not from HUD or FHA and the document was not approved by HUD, FHA or any Government Agency. Subject to credit approval. For licensing information, go to: www.nmlsconsumeraccess.org
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