Home Equity Conversion Mortgage with Don Graves - Episode 91

Engineer of Finance

English - October 31, 2019 15:00 - 30 minutes - 25 MB - ★★★★★ - 33 ratings
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Previous Episode: It’s Tax Season! - Episode 90

Next Episode: Decrease Your Income Taxes to Increase Your Retirement Income - Episode 92

Ken talks with Don Graves, who is a RICP®, CLTC®, CSA® Certified Senior Advisor, President and founder of the Housing Wealth Institute, author, and Instructor of Retirement Income at The American College of Financial Services. He is considered one of the nation’s leading educators on incorporating housing wealth into retirement income planning. Today, they share insights about home equity conversion and reverse mortgage. Enjoy!

Ken Greene transitioned from being a Professional Engineer (P.E.) to the “Engineer of Finance.” His goal is to help people become financially independent and earn better yields with less risk by investing Off Wall Street.

Links and Resources from this Episode For resources and additional information on this episode go to http://engineeroffinance.com Connect with Ken Greene http://engineeroffinance.com Office 775-624-8839 https://www.linkedin.com/in/ken-greene https://business.facebook.com/GreeneFinance

Connect with Don Graves https://www.linkedin.com/in/askdongraves https://hecmadvisorsgroup.com/

Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance click here
Show Notes What are reverse mortgages? - 2:30 Reverse mortgage and retirement - 4:54 The history of reverse mortgages - 5:28 Preparing for retirement - 6:31 Taking money from a reverse mortgage - 7:58 Requirements for a reverse mortgage - 9:00 Losing a home for a reverse mortgage - 9:30 Consequences of not paying your home taxes - 10:01 Reverse mortgages are not a product - 12:11 Making your retirement better - 13:57 Money flow - 15:14 Reverse mortgage as a powerful tool - 15:55 The ideal candidate for a reverse mortgage - 20:52 Most Americans’ biggest asset - 27:11 Understanding more about home equity - 29:00 Get in touch with Don Graves - 29:36
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