47050 Washington St #4101
La Quinta, CA 92253
Phone: (909) 973-7445
You deserve to live the life you envisioned for yourself when you retired. A reverse mortgage can be a viable option to help supplement your other investments during retirement. Circumstances change all through our lives and you may have to change your thought process at this juncture of your life. We all know that social security, 401k's, pensions and other saving programs just aren't enough. The fact is, we are living longer and still want to do things in our life. We want to stay at home if the time comes that we may need home care as opposed to going to a nursing home. You do realize that you have invested in your home for years and now may be the time to have that investment pay you.
The reverse mortgage changed our lifestyle because we could do more things.
The net result was about $700 worth of extra disposable income, and I think all of us could use an extra $700 a month.
The benefit to me is that I'm able to fulfill the commitment I made to my mother to keep her at home for the rest of her life.