Financial Planner Takes Aim at Reverse Mortgages, industry expert responds By Chris Clow | March 21, 2019 June 11, 2019 Prominent financial planner Jill Schlesinger, who has a historical track record of questioning the viability of reverse mortgage products, has highlighted what she views as their deficiencies in a new radio appearance.
While they exhibit some of the characteristics described above, they are incredibly bright and willing to do what it takes to get something accomplished, global in their outlook, and deeply concerned.
The author is not trying to sell Reverse mortgages, just informing financial advisors about different uses of the product. This book should be required reading for all financial planners and Reverse mortgage originators. As a Reverse mortgage originator myself, I agree that the product is not right for every senior.
Reverse Mortgage Daily New Research Shows Financial Planning Value of Tenure Reverse Mortgages By: Jason Olivia Published: March 3, 2016 Reverse mortgages have been the subject of much financial planning research over the past few years, the emphasis of which has focused on how these products add to the value of a retirement income plan.
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Zuzana, from London, was conned out of £109,000 after falling victim to a text message scam, known in the industry as smishing. by the latter that it would just log the fraud and could take six to.
LOC Growth – The basis of reverse mortgage financial planning . The primary financial planning advantage is the line-of-credit (LOC). The LOC experiences compounded growth, and many homeowners will opt-in to reverse mortgages as early as possible (age 62), and wait to draw their increased funds until later as a form of tax-free retirement income.
Don’t leave your future financial security up to chance. A good way to start your retirement planning is by estimating how much income you’ll need each year to reach your retirement goals. You may.
He realizes that there are a few popular misconceptions and in some cases, confusion about Reverse Mortgages. According to Rick May, "There is a need to help a growing number of consumers in Northern California, who are considering whether a reverse mortgage is a good fit for their retirement needs.
Mortgage Brokers have a selection of mortgages, not just one.: broker-course-florida-mortgage Financial Planner Takes Aim at Reverse Mortgages, Industry Expert Responds – Reverse Mortgage Daily How reverse mortgage impacts remarriage. Dr. Don Taylor Ph.D., CFA, CFP, CASL. and they do not refinance reverse mortgages.
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