S3: Episode 5- How Seniors Can Choose a Reverse Mortgage to Fund Care

https://is1-ssl.mzstatic.com/image/thumb/Podcasts221/v4/17/25/2e/17252e49-db27-a759-b0f2-d4bef72d9765/mza_892648184568270340.jpg/600x600bb.jpg

Dr. G at the Heart of Healthcare

Kaishauna Guidry, MD, HMDC

92 episodes

1 day ago

Mourning Dove Medical Presents Dr. G at the Heart of Healthcare. This podcast will Provide Peace of Mind to the listeners by educating about various issues faced while navigating the Healthcare system. As expected, Dr. G will fearlessly advocate for the most vulnerable while compassionately and boldly empowering listeners with useful information.

Medicine

Health & Fitness

RSS

All content for Dr. G at the Heart of Healthcare is the property of Kaishauna Guidry, MD, HMDC and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Medicine

Health & Fitness

https://d3t3ozftmdmh3i.cloudfront.net/staging/podcast_uploaded_episode/37191327/37191327-1759084812411-8267c632dda01.jpg

S3: Episode 5- How Seniors Can Choose a Reverse Mortgage to Fund Care

Dr. G at the Heart of Healthcare

18 minutes 23 seconds

1 month ago

S3: Episode 5- How Seniors Can Choose a Reverse Mortgage to Fund Care

Show notes-

Mourning Dove Medical Presents Dr. G at the Heart of Healthcare

Guest

David Patrick Paget

- Canadian moved to the USA as one of eight kids in 1960s

- Previously a Coca Cola truck driver

- Real estate experience from Rancho Cucamonga to French Valley in 1999

- Enjoys wine touring in Temecula https://gogrape.com

Mission-Educate & Empower in three parts, helping listeners ‘SEE’ what’s needed to navigate the healthcare system.

1. Story (theme) David is on a fixed income as a senior citizen collecting social security, he supplements by hosting wine tours. Money matters during the late stages of life. Many seniors have a nest egg built by the equity of their family home, a portion is an asset for funding care.

2. Educate (Teaching points)

- How to find brokerage

- Timing 25-30 years (small or no mortgage)

- Paid when house sells

- Home equity is paid out by investors

- Misconception you will loss your house

- If married one spouse must occupy the property

- Consider creating a living trust

- Counseling required for senior citizens, before the process begins

- Better than an equity line of credit

3. Empower -A valuable a resource https://www.c2financial.com

Website info https://mourningdovemedical.com

Video podcast 🔗 https://youtu.be/ZtMP5Of5ZS4?si=Mr_eKRonOfM27aUl #hapc #EducateAndEmpower #PeaceOfMind #TheRealDealAboutHospice #Hope #LateStagesOfLife #RealTalk