“Retirement life” is music to the ears. But the process for planning for it can be devoid of harmony without practical financial money-saving strategies behind every move.

Today, Americans are generally enjoying added time away from work even though on average they retire at 66, which is up slightly from the 1990s’ retirement average.

Two staggering statistics among the nearly 50 million Americans over the age of 65 underscores the importance of early planning. Their average income is below $40,000 and their net worth is also too low for comfort. According to the U.S. Census, the average net worth of a retiree is about $170,000. With that kind of income and net worth, retirement planning and living can be financially challenging, especially after an unprecedented pandemic.

As the world turns the corner and you prepare for your life’s next phase, know that one of your greatest assets can come through for you and boost your retirement funding.

As you begin the next phase of your life, you do not need to compromise on your plans for an enriching and happy retirement. If you’re a homeowner, you can gain financial flexibility through a home equity conversion mortgage.

Individuals over the age of 62 qualify to transform one of their most potent assets into a resource for the future.

Boost your retirement income without having to move or sell with a home equity conversion mortgage. The program eliminates monthly mortgage payments so you can focus on other financial priorities.

Contact us to learn more about the home equity conversion loan and how it can strengthen your financial planning so you can dance to the music of retirement life.

*(1) at the conclusion of a reverse mortgage, the borrower must repay the loan and may have to sell the home or repay the loan from other proceeds; (2) charges will be assessed with the loan, including an origination fee, closing costs, mortgage insurance premiums and servicing fees; (3) the loan balance grows over time and interest is charged on the outstanding balance; (4) the borrower remains responsible for property taxes, hazard insurance and home maintenance, and failure to pay these amounts may result in the loss of the home; and (5) interest on a reverse mortgage is not tax deductible until the borrower makes partial or full repayment. This material is not from HUD or FHA and has not been approved by HUD or any government agency.