You may want to delay the start of social security for the long-term benefit. But what do you live on between now and then? Perhaps you had a plan to defer benefits, […]
Alternative Uses of Life Insurance Policies
Many people have life insurance policies they have held for years. It may be a surprise that their policy has value that can be used in ways other than a payment to […]
Reverse Mortgages: How Large Will A Line of Credit Be?
How much cash would be available if a client got a reverse mortgage line of credit? There’s a straightforward process to anticipate the size of HECM reverse mortgage lines of credit. Credit […]
Apply for a HECM Reverse Mortgage Now
6/30/2014 Update: Updated copy of Gerald Wagner’s article is attached, with changes due to 6/27/14 announcements by HUD of changes coming August 4, 2014. No major points. In general from current interest rates, […]
Strategic Uses of Reverse Mortgages for Affluent Clients
Affluent clients of financial planners can use their housing wealth a variety of ways to enhance retirement, including boosting sustainable portfolio withdrawals and delaying social security claiming. As strategic users affluent clients are quite […]
Reverse Mortgage Funds Social Security Delay
NOTE: this is a slight revision to the post published in March 2014. Delaying Social Security can significantly boost lifetime retirement income but creates a shortfall while waiting. A case study used a HECM reverse […]
Income Tax Planning with a Reverse Mortgage
If you have a reverse mortgage you generally don’t have any home mortgage interest to deduct on your tax return. That’s often the biggest deduction on a tax return, and without it […]
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