For a senior homeowner, retirement planning has become much more challenging. Inflation and market volatility are reducing your buying power, so retirement living is likely to cost you more than you anticipated. A reverse mortgage can help generate the additional cash flow you need in retirement … and give you peace of mind.

Richard Stewart, a Reverse Mortgage Specialist, with over 30 years of experience, can show you how you a reverse mortgage can benefit you. With a reverse mortgage, your monthly mortgage payments are replaced by a lump sum or monthly payout, a line of credit or some combination. You can use cash from a reverse mortgage for anything you’d like – renovate your home, fund a grandchild’s downpayment on their first house, or pay off your credit card debt – all with no out-of-pocket monthly payments. You can also protect your portfolio in a bear market by withdrawing funds from your reverse mortgage line of credit rather than your portfolio.  

You get all these benefits… and you still retain the title to your home. But a reverse mortgage isn’t for everyone, so you need to understand your responsibilities before you sign. To find out if a reverse mortgage is right for you, call Richard to set up a no obligation consultation today. Feel free to invite a family member - or another trusted financial advisor - to join you. Richard will be happy to answer any questions you may have.