That’s a Marine Corps Saying, and being a Marine myself, let me tell you that the pain caused by the Stock Market lately is not the same pain as the Marine Corps saying. Like myself, if your retirement account is tied to the stock market then, like me, you may be worried. We have all seen this before. The market takes one step forward, then two steps back. Then before you know it, after a big step forward, the market takes three steps back. And so on, and so on, before we realize how much it is hurting our retirement assets.
Now is a good time to consider tapping into you greatest asset,….Your Home, with a reverse mortgage. I fail to understand why people don’t want to turn their biggest asset into cash so could weather any storm, and avoid having to sell assets while the market is down.
Some say, I don’t need the money. I say, unless you’re like a Donald Trump…BS…Us average folks can always use a way to increase our income to have a better quality of life.
Some want to leave it for their kids. I say why? You, provided for them for many, many years. (Some of us, myself included, are still doing it!) You have done your job, now you should do what is best for you. Most children that inherit their parents home, sell it! and then spend the proceeds like they just won the lottery!
It’s time to rethink your priorities and rethink a reverse mortgage and what it can do for you.
Millions of homeowners aged 62 and over have successfully used a reverse mortgage to maintain a more comfortable lifestyle, and be better prepared for the future.
- Pay off other loans or debts
- Enjoy the extra cash flow by never having a mortgage payment
- Cover medical expenses and prescription costs
- Fund home repairs or modifications
- Supplement retirement cash flow
- Travel and enjoy your golden years
