Summary:
Many people respond very emotionally to the idea of a reverse mortgage. On this episode of the Prosperity Podcast, best selling author Kim Butler and No BS Money Guy Todd Strobel sit down to talk about what a reverse mortgage is and what the benefits and drawbacks are. They also discuss the benefits of combining both a reverse mortgage and life insurance to maximize benefits. Tune in to find out how you can take control of your finances and become a more educated banker and consumer.
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Show Notes:
00:00 Intro
00:49 Reverse Mortgages
01:24 Quicken Reverse Mortgage Department
The Quicken employees are specifically trained to work with prosperity clients on reverse mortgages:
- Call 888-500-7210
03:57 Combining Life Insurance with a Reverse Mortgage
06:45 The Mechanics of the Reverse Mortgage
11:11 Purchasing Life Insurance for Your Family
15:25 Outro
Disclosure: Our content is meant for educational purposes only. While it’s our goal to help you learn about building a life of prosperity, we do not intend to provide financial advice. Please consult your financial, tax or legal advisor before making any investment or financial decisions.