Ep64 | Reverse Mortgages: Myth, Strategy, or Last Resort?

Your parents may be sitting on their largest asset and not know how to use it. Most families don't think about home equity until they're under pressure. This episode changes that.Ray sits down with Don Graves, RICP®, CLTC®, adjunct instructor at the American College of Financial Services and one of the nation's top reverse mortgage experts, with 25 years of experience and over 16,000 consumer conversations. Today they separate myth from strategy so you can make an informed decision before you need to.You'll learn:What a reverse mortgage actually is and how it works, including the four ways to access your moneyWhen a reverse mortgage makes strategic sense, and when it does notThe four homeowner obligations that most people miss, and why Uncle Junebug really lost his houseIf you're within a few years of retirement and want clarity around your retirement plan, book a complimentary consultation to build a strategy tailored to you:Book a Consultation: https://app.greminders.com/e/9bfdfdf70740f21a2e1cec4140dd884dd4ef6365Tune in to discover how your home equity could be a powerful, intentional tool in your retirement strategy before liquidity pressure makes the decision for you.🎙 Follow the show on Apple Podcasts: https://podcasts.apple.com/us/podcast/executive-retirement-compass-financial-planning-to/id1796392113📧 [email protected] welcome. Real answers given.Explore our free tools and resources at: www.YourNextStepFinancial.com