EPISODE · Dec 20, 2022 · 16 MIN
Is a Reverse Mortgage a Good "Plan B"?
from Ready For Retirement · host James Conole, CFP®
In this episode of Ready for Retirement, James discusses if a reverse mortgage is a good "Plan B".Questions Answered: What are the best practices when using a reverse mortgage?What are the best strategies to create income in retirement?How can your overall retirement strategy be improved?Timestamps:00:00 - Introduction 5:05 - Reverse Mortgage Basics9:35 - Example of Income Creation12:15 - Retirement Income16:15 - Aligning Your Financial GoalsCheck out all of our podcast episodes and more on our YouTube channel here!LET'S CONNECT!FacebookLinkedInWebsiteENJOY THE SHOW?Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google PlayCreate Your Custom Strategy ⬇️Get Started Here.Join the new Root Collective HERE!
What this episode covers
In this episode of Ready for Retirement, James discusses if a reverse mortgage is a good "Plan B". Questions Answered: What are the best practices when using a reverse mortgage?What are the best strategies to create income in retirement?How can your overall retirement strategy be improved?Timestamps: 00:00 - Introduction 5:05 - Reverse Mortgage Basics 9:35 - Example of Income Creation 12:15 - Retirement Income 16:15 - Aligning Your Financial Goals Check out all of our podcast epis...
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Is a Reverse Mortgage a Good "Plan B"?
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