Watch Out: Mortgages That Last Longer Than the House

Imagine your house falling apart before your mortgage is even up. Unfortunately, this could become a reality for many homeowners. Homes are being built faster, bigger, and with lower-quality materials than they were 50 years ago. Today, Paul shares the devastating consequences when builders cut corners using materials and methods that aren’t built to last and homeowners don’t do their due diligence. Later in the episode, Paul does the work for you and looks through the disclosures Yrefy hides at the end of their TV ad. The disclosures clearly state that the investments are high-risk and untradeable, and liquidity is not guaranteed — even though the ad says otherwise. Paul warns, “Read the fine print yourself.” You won’t regret it.    Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at paulwinkler.com/relax and take the stress out of planning your retirement.   This material is for general educational purposes only and is not personalized investment, financial, tax, or legal advice. Past performance does not guarantee future results. Nothing here is an offer, solicitation, or recommendation for any security or strategy. All financial decisions involve risk, and you should consult qualified professionals before acting on this information. Advisory services offered through Paul Winkler, Inc., an SEC-registered investment adviser.