Welcome to the Maximizing Outcomes podcast, brought to you by Jim McGovern and the McGovern Wealth Group. Achieving bigger and better results with money, family, and business isn't about creating a bigger to-do list for yourself. It's about who can help you create results, without you having to do all the work. Listen as we provide uncommon perspectives, powerful resources, and experienced people that can help you Maximize Outcomes in your life.
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Welcome to the Maximizing Outcomes podcast, brought to you by Jim McGovern and the McGovern Wealth Group. Achieving bigger and better results with money, family, and business isn't about creating a bigger to-do list for yourself. It's about who can help you create results, without you having to do all the work. Listen as we provide uncommon perspectives, powerful resources, and experienced people that can help you Maximize Outcomes in your life.
Reverse Mortgages: Myths, Facts, and Financial Benefits (Ep. 50)
Maximizing Outcomes
51 minutes 12 seconds
1 year ago
Reverse Mortgages: Myths, Facts, and Financial Benefits (Ep. 50)
Is your retirement income plan missing a key component?
In this insightful episode of Maximizing Outcomes®, host Jim McGovern and Don Graves, President of the Housing Wealth Institute, discuss leveraging home equity through reverse mortgages to enhance retirement outcomes. Gain actionable insights, dispel myths, and discover how this financial tool can redefine your retirement strategy.
Key Highlights:
Understanding Reverse Mortgages: Learn how they work, dispel myths, and uncover their benefits
Professional Insights: Hear Don Graves' journey from skepticism to advocacy and how home equity can be used strategically
Comprehensive Planning: Explore the "true liquidity bucket" concept and smart ways to use all assets for optimal outcomes
Strategic Uses: Discover how reverse mortgages can supplement Social Security, delay benefits for higher payouts, and manage tax burdens
Key Criteria: Understand the determinants of reverse mortgages: spouse's age, home value, and interest rates
Financial Stability: Learn how a reverse mortgage line of credit offers a reliable buffer during market downturns
Debunking Myths: Clarify misconceptions about ownership and debt repayment limits
And much more!
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Don Graves, RICP®, CLTC®, CSA® Certified Senior Advisor, is the President and Founder of the Housing Wealth Institute, and a leading educator in the field of retirement income planning. He has authored three books and serves as an Instructor of Retirement Income at The American College of Financial Services. Recognized as one of the top retirement income leaders by the American College, Don has contributed to over 20,000 advisor/client engagements, distilling his extensive experience into practical, implementable strategies.
His book, Housing Wealth: 3 Ways the New Reverse Mortgage Is Changing Retirement Income Conversations, reached the Amazon #1 spot for New Releases in Financial Services. Don's expertise has been featured in Forbes Magazine and PBS-sponsored shows. As a Retirement Income Certified Professional (RICP®), Long Term Care Specialist (CLTC®), and Certified Senior Advisor (CSA®), Don brings a unique perspective on integrating housing wealth into retirement planning. He is also a Business Development Manager at Mutual of Omaha Reverse Mortgage, and his workshops are highly sought after by advisors nationwide.
Maximizing Outcomes
Welcome to the Maximizing Outcomes podcast, brought to you by Jim McGovern and the McGovern Wealth Group. Achieving bigger and better results with money, family, and business isn't about creating a bigger to-do list for yourself. It's about who can help you create results, without you having to do all the work. Listen as we provide uncommon perspectives, powerful resources, and experienced people that can help you Maximize Outcomes in your life.
