Shifting Into Reverse Blog
#266: Using a reverse mortgage to
REVERSE MORTGAGE TACK HELPS GRANDPARENTS CHANGE THEIR TUNE Despite having taken a different approach with your children, making clear that, once they’d completed their schooling, their finances would no longer be your concern, you’re now considering offering your very talented grandson help in launching a music school. Very passionate and hard working, he’s raised quite […]
#265: Using a reverse mortgage to replace adult child aid & assistance
REVERSE MORTGAGE CAN BE GRANDPARENTAL GUARDRAIL “It might be time to stop supporting your adult children,” the Economy section of your Indianapolis Star advised, with the part about grandparents’ own financial security being put at risk really “hitting home” to you. “There’s nothing wrong with providing financial support to adult children or grandchildren,” a Credit […]
#264: Using a reverse mortgage as an asset reallocation tool
REVERSE MORTGAGE “OVERLAY” Over the years, you’ve been the one in charge of guiding the direction of the investments, not only in your joint account, but in your own and your wife’s 401Ks (now IRA rollover accounts). Asset allocation has been the guiding principle throughout, but with both of you now entering your late seventies, […]
#263: Reverse mortgage timing
CONSIDERING A REVERSE MORTGAGE? PURPOSE TRUMPS TIMING After much soul-searching (plus attending a number of seminars on the subject of reverse mortgages and the pros and cons of aging in place), the two of you are seriously contemplating taking out a reverse mortgage on your home. While you have done some updating of your home […]
#262: Reverse mortgages — Planning Options for Senior Clients
HECM V. HELOC – THE 3 BIG DIFFERENCES THAT MAKE THE DIF FOR SENIORS At any age, clients’ housing wealth represents a financial resource for them, along with their investment accounts, their rental properties, and their cash reserves. At different times in their lives, your financial planning clients may have chosen to tap the value […]
#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 […]