Shifting Into Reverse Blog
#261: Reverse mortgage to render housing wealth spendable
PREPARING RESOURCES NOW FOR SPENDABILITY LATER While you’re not planning to sell your home, having decided years ago that aging in place would be the best course of action, you had rejoiced in the fact that, over the past few years, the market value of your home had increased substantially. In fact, using a home […]
#260: Reverse mortgage – bringing reliability to the budget
“PENSIONING” HOUSING WEALTH Seven years ago, you took advantage of an early retirement offer from the manufacturing facility where you’d been employed for most of your working life. Given the choice to receive a pension for the rest of your life or to “walk away” with a lump sum, you chose the latter. Your thinking […]
#259: Reverse mortgages – a polar shift in planning
HOUSING WEALTH – ADVISORS MUST BE ALERT TO POLAR SHIFT GPS systems, planes and military equipment track the magnetic field and rely on accurate models of magnetic north to function properly. When the magnetic field shifts, the models must be updated to reflect the changes. “The current behavior of magnetic north is something that we […]
#258: Reverse mortgage as a pre-retirement pillar
MOVING HOUSING WEALTH TO THE FRONT OF THE RETIREMENT INCOME LINE A sibling’s recent health scare played a large part in your decision to retire from full time work at the end of first quarter 2026, you admit. You will be taking early retirement from a executive-level corporate position; your wife will be leaving her […]
#257: Tapping home equity to help lend “an arm”
STEPPING UP TO PARENT THE SECOND TIME AROUND It’s supposed to work the other way around, but your reality is that, in your early 70s, you have become “substitute parents” for your two granddaughters, one now 8, the other 13. While your ex-daughter-in-law, a traveling nurse, has always needed to work out of town a […]
#256: Build, then HECM-for-Purchase – a path towards aging in place
BUILDING A PATH TOWARDS AGING IN PLACE While you and your husband have not changed your minds about spending the rest of your lives at home (as opposed to moving into a retirement facility apartment), following a series of lengthy meetings with contractors of various types, you may have changed your thinking about where this […]
#255: The Tenure Reverse Mortgage
TENURE IN YOUR OWN RETIREMENT While stock market growth has worked in your favor these past two years since you retired, you are feeling far less secure going forward. You’ve been exploring possibilities for refinancing your home as a way to feel more secure about your own financial future.Widowed more than a decade ago, you […]
#254: When a reverse mortgage refinance makes sense
CAN A REVERSE MORTGAGE BE BETTER THE SECOND TIME AROUND? When Sinatra crooned “Love is lovelier the second time around”, you’re pretty sure he wasn’t referring to a home mortgage refinance. In fact, in the years leading up to your retirement from full-time employment (six years ago now, with your wife having retired a year […]
#253: Reverse mortgage as bond portion of a “portfolio plan”
REVERSE MORTGAGE AS A FIXED INCOME STAND-IN While in general, you’re confident that you’ve planned well for retirement, you are concerned about the increasingly obvious rise in everyday costs of living. The two of you have always shared investment decisions, taking a conservative approach, continuing your pre-retirement 60% stock/40% fixed income model. With zero revolving […]