Increasing numbers of professional advisors take a holistic approach when preparing long-term financial plans for their senior or soon- to-be-retired clients.
They consider all of the factors that comprise the client’s economic profile including family circumstance, personal lifestyle goals and financial condition. The holistic approach enables the client to make more appropriate financial decisions.
After more than a twenty-eight year history of reverse mortgages and hundreds of thousands of cases, advisors are beginning to recognize the role that home equity can play in the financial plans of some of their clients.
Here is a list of the most common strategic uses of the Reverse Mortgage. It is compiled by advisors and other financial thought leaders. Thank you to the Funding Longevity Task Force and Security One Lending for putting this together. It is not exhaustive by any means, but it is a excellent starting point for dialogue. On this site, you will find cases and examples outlining the use of the HECM Strategy as well.
For more information or to arrange for a Signature Seminar/Webinar for yourself/ team or entire firm please contact us.