Hey, Retirees: Looking for a Tax-Free Source of Income?
April 13, 2020
When the market experiences a downturn early in your retirement, when you’re no longer contributing to your retirement accounts and you’ve begun to take withdrawals, it can be tough to recover from a major loss.
Kiplinger published an article entitled, "Hey Retirees - Looking for a Tax-Free Source of Income?". The article, written by a financial planner, discusses how the intelligent use of a reverse mortgage, particularly a federally insured home equity conversion mortgage (HECM) line of credit, could extend an individual’s or couple’s retirement resources in a way that more traditional strategies cannot.
A HECM can help improve your financial retirement and allow you to stay in your home. Learn more at:
We’re all flooded with stories, articles and 24x7 news so much that it’s becoming harder to quickly find relevant and well thought out content. So, I hope my Blog will accomplish that, and provide only high value reading and insight around the topic of reverse mortgages. Ultimately, it’s up to you to educate yourself on the topic and determine if a reverse mortgage is a good strategy for your financial retirement. Please enjoy the articles and I hope you learned something during your visit here. Cheers!
We’re all flooded with stories, articles and 24x7 news so much that it’s becoming harder to quickly find relevant and well thought out content. So, I hope my Blog will accomplish that, and provid...
Read More »
We’re all flooded with stories, articles and 24x7 news so much that it’s becoming harder to quickly find relevant and well thought out content. So, I hope my Blog will accomplish that, and provide only high value reading and insight around the topic of reverse mortgages. Ultimately, it’s up to you to educate yourself on the topic and determine if a reverse mortgage is a good strategy for your financial retirement. Please enjoy the articles and I hope you learned something during your visit here. Cheers!
This material is not provided by, nor was it approved by the Department of Housing & Urban Development (HUD) or by the Federal Housing Administration (FHA). It is not intended to be a substitute for legal, tax or financial advice. Consult with a qualified attorney, accountant or financial advisor for additional legal or tax advice.
*There are some circumstances that will cause the loan to mature and the balance to become due and payable. The borrower(s) must continue to pay for property taxes and insurance and maintain the property to meet HUD standards or risk default. Credit is subject to age, minimum income guidelines, credit history, and property qualifications. Program rates, fees, terms and conditions are not available in all states and subject to change.
Naples, Bonita Springs, Marco Island, Estero, Fort Myers, Cape Coral, Punta Gorda, Venice, Sarasota, Weston, Lehigh Acres, SWFL, Southwest Florida, South Florida, Florida, Collier County, Lee County, Charlotte County, Sarasota County