Using a HECM to Extend Retirement Assets for your Lifetime - Breakfast Meeting - Carson City
More than two-thirds of seniors retire with a mortgage and even those who own their home outright face the very real possibility of running out of retirement funds within their lifetime. A Home Equity Conversion Mortgage, or reverse mortgage, can be an effective tool for them to maintain a comfortable lifestyle by tapping into their home equity and leaving more of their financial assets under management. Kerry will describe the benefits of using HECMs for estate planning and addresses the myths that keep seniors from considering them as part of their estate planning.