Issue 32.09

We each have a few things we would like to do when we retire.  Here are a few things my clients shared they would like to do prior to or after retiring to put in our bucket list: go on a vacation, visit grandkids, go on a mission, pay off a line of credit, buy a better car, buy a second home or investment property or just be financially secure.  Actually, having the funds to fulfill these dreams may cause you to rethink or prioritize your list.  Take just a moment and think about what you would like to do.  

Wouldn’t it be wonderful to add another layer of security to your retirement?  Do you have enough of a retirement to last the rest of your life?  There are some great options to help insure your peace of mind.  Get your paperwork and sit down with your financial planner or trusted advisor.  Do you have a trust and will and is it up to date? 

Let me share a situation from one of my clients.  A married couple lost a significant portion of their hard-earned retirement funds.  Their age would probably not allow them to recoup that money.  They came to our initial meeting not knowing all the advantages of this federally insured program.  They needed access to their funds at any time, because of their age they did not want to commit their money to a long-term fund or to be penalized for using their own money.  A reverse mortgage gave them immediate access to liquid funds; the line of credit grew at ½% higher than the loan interest rate, which was double what the banks could offer.  They told me, “We had no idea that a reverse mortgage offered so many benefits.  We are glad we took the time to research this program.  We are going to tell all our friends.”

Take a little time to find out if a reverse mortgage could help you live a more secure life.  We are dedicated to educating people on the benefits of this insured and regulated program.

Call me at (435) 862-3469 for the date and time of our next Reverse Mortgage Breakfast or Luncheon

My mother is an example of strength, perseverance and a positive outlook on life.  I grew up in a single parent household and watched my mother work hard to keep everything running smoothly.  She shielded us from any financial difficulties and always had a smile on her face.  As children we never saw our home as small or felt we were in tough times.  We enjoyed life, family, friends, church, and even school.  Recently I went back to the two homes we grew up in.  Boy, were they small but I only have wonderful memories of my childhood.  Our family’s Matriarchs were strong examples in my life, my grandmother (Nana) who will be 91 this year and my mom.  

I grew up with two sisters both younger than me.  As the oldest I was the ring leader in causing trouble, usually by teasing my sisters to no end.  Back in those days mom would send us out of the house to play.  We always felt safe and enjoyed playing baseball and football in the streets.  There were no computers or video games; just friends and our imagination. 

Let me share a story of a daughter’s love for her mom.  I received a call from a friend who inquired about a Reverse Mortgage.  Her mother was a widow living by herself.  “My mom had fallen and broken her hip and is now going through rehabilitation.  Mom is planning to go back home but may now need some in-home care to help with daily chores and run errands.” 

I helped them research the benefits of a Reverse Mortgage and talked to several family members.  “Everyone felt it would be a wonderful way for mom to receive the assistance she’d need after returning home.”  Seeing the delight in her mother’s eyes when this solution was presented was a great reward for me.  A Reverse Mortgage is versatile option for many retirees and their families. 

Reverse Mortgage benefits are very specific to each person and family.  Find out if this federally insured program is right for you.  Enjoy Life and Live Dreams. 

Call Al Arciniaga, Reverse Mortgage Educator, direct (435) 862-3469 or email: al@ooyea.com.

Life is wonderful and there is positive news about your retirement.  This New Year offers a fresh outlook on life and retirement options.  Retirement is meant to be enjoyed and now is the time to enjoy it.  Most people have so much to be thankful for including family, an amazing life, friends, terrific weather in beautiful places such as Southern Utah and Arizona. 

Be proud of your life’s accomplishments; take note of who you are today, review life’s lessons and share your experiences with others.  Young people could use your wisdom in dealing with life’s situations; be generous with your time and knowledge.  Life’s changes affect you too; change is a constant in this wonderful earthly existence.

Focus on all the beautiful and cheerful things in your life.  Visualize the positive qualities of your surroundings.  Sometimes we worry about things we can not control such as the stock market, inflation and even those pesky politicians.  Put aside that which you can not change and focus on what will help improve your life.

You have a safe and secure option to immediately add liquidity to your retirement.  Let me offer a true life scenario.  I recently had client experience the painful loss of a spouse.  In addition to grieving she had to deal with a significant loss of income which swirled into financial chaos.  She used a Reverse Mortgage to pay off a small mortgage which helped increase her monthly cash and gave her a line of credit for future use.

On the other side of this coin, I regularly have couples in my office who review with me the benefits of a Reverse Mortgage.  Typically, the husband wants to insure his wife’s financial future and guarantee she can stay in her home for life.  A Reverse Mortgage can help with your immediate and long-term financial needs.

Bolster your retirement and feel good about the future regardless of life’s unexpected changes.  Find out if a Reverse Mortgage can provide additional security for your retirement years.  Then go out and enjoy life even more…maybe even go on that vacation!

Al Arciniaga can be reached at 435-862-3469.