Safe Space Podcast #4 features financial advisor and reverse mortgage specialist Larry Speir.

๐Ÿš€ Larry’s expertise is in reverse mortgages and creating retirement income.

Many seniors find themselves with high levels of debt or crushing medical bills as they enter retirement. In fact over 60% of seniors start their golden years with a mortgage or other debt. Many do not have enough savings to maintain their lifestyles.ย  Some seniors worry they will run out of cash long before they run out of life.

But what if you could access the equity in your home and USE itย  RIGHT NOW.ย ย  You could pay off debt, address yourย  medical bills, leave a legacy for your kids or grandkids, or otherwise improve your cash flow.ย  In this episode, we discuss:

๐Ÿš€What is a reverse mortgage?
๐Ÿš€How do these kinds of loans work and who should consider them?
๐Ÿš€How could you use a reverse mortgage help you get rid of your current MORTGAGE PAYMENT?
๐Ÿš€Can a reverse mortgage help you or your parents age in place and avoid having to go into a nursing home?
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