Your Homes Equity Might Be the Key to a More Secure Retirement!
You've saved, but life got in the way, and maybe you didn't save enough.
A HECM Mortgage might be the answer.
You've worked, showed up every day, put up with the boss, saved, invested and planned ahead for the day you can retire and then the recession hit and you've come to the conclusion that maybe I don't have quite enough put away.
Let me show you how a HECM mortgage can enhance your investments in your 401K or IRA so those funds can be there when you need them.
The kids are gone, I don't need a 5 bedroom, two story home anymore, but it's paid for and I don't want a house payment. Is there an option?
A HECM mortgage can provide the funds to buy a "Right Sized" home, closer to family, or in a warmer climate, or on the golf course.
Let me show you how you can own and not have to make a mortgage payment ever.
Many of us are in what is called the "Sandwich Generation". Our parents are still with us and many need our help financially and we have our adult children and our grandkids that need help too. I don't want to tap my 401K or IRA, but I need some extra cash on top of my income to make ends meet.
A HECM mortgage can be set up to provide a TAX FREE consistent flow of cash for a few months, years or the rest of your life to meet those needs.
Let me show you how flexible the modern HECM mortgage is when it comes to meeting both short and long term cash flow needs.
A growing trend recently is for employers to push early retirement as part of a budget cut or merger, etc. In spite of the attractive retirement packages, many find they are not ready to call it quits and want to keep working. And if you've been in that position, you know finding a comparable position when you are a few years from retirement can be quite a daunting task.
Let me show you how the flexible distribution options within the HECM mortgage can bridge the gap and make that transition less financially stressful.
A Pew Research Center study in 2014 found that just over 25 percent of retirees live alone. The study pointed out the challenges met by these seniors in making the basic expenses of a mortgage, property taxes, hazard insurance, maintenance, etc. on a single retirees modest social security and savings accounts.
Let me show you how the HECM mortgage can eliminate the need for a monthly mortgage payment and can be set up to take care of property taxes, hazard insurance and provide the funds needed to maintain the home.
A growing trend is for us to continue to live in the home we were living in when we retire and "Age in Place".
There are many reasons, we've been paying on it for years and have it fixed up just the way we like it, we have a great community, our friends and family live close, and I'm not moving and giving up my independence.
At the same time more of us have indicated that when the time comes we would prefer to receive extended care in our home, only 1 in 10 would prefer to live in an assisted living facility and only 4 in 100 would prefer to live with a family member.
Let me show you how the HECM mortgage can allow you to continue to live in your home and take care of future healthcare issues without draining your current retirement or savings accounts.
Please enter your email address below to receive your complementary copy of this informative booklet, that will define "What is a HECM mortgage?" and answer the question, "How does a HECM mortgage work?"
I truly enjoy meeting and getting to know my clients and their families, so feel free to visit during normal business hours or I can come to you. Just give me a call to set up your appointment.
Scottsdale, Arizona 85255