
|
|
|


|
The Equity Income Solution
One of the challenges we are faced with in retirement is making sure that our
income outlasts our life. If we have not planned for this early enough we might
be faced with a situation where we must cut back and not enjoy the one period in
our life when we have the time. This dilemma may also have been caused by the
unforeseen drop in the stock markets in 2000 and 2001. Whatever the reason, we
start searching for ways to correct the problem. Find other means of stretching
our assets so we don't have to worry about money.
A solution that has emerged in recent years is the reverse mortgage. After
spending a lifetime putting money into your primary residence, there is now a
way to pull it out and supplement your income. This is not the most efficient
way of creating income for retirement but it is a solution for some homeowners.
The one advantage of the reverse mortgage is that there are no qualification
requirements. This is where most of the benefits end. This type of loan has many
negatives. It is very expensive, forces you to make a decision
now how long you will stay in your home and does not
have any inflation protection. If you have to sell your home or move, the income
stops and you now have less assets to help you qualify for any other real estate
purchases.
At Freepoint we have discovered an alternative to this somewhat drastic and
final decision which we call The Equity Income Solution.
We recommend that everyone who is considering a reverse mortgage and/or would
like to create more income from their current assets should take a look at this
option before they move ahead. The Equity Income Solution
provides not only the extra income, it keeps you more in control of your assets
and gives you much more flexibility should our circumstances change as life
takes its course.
Invitation
We invite you to participate in one of our complimentary financial
workshops entitled "The Equity Income Solution".
These are held on Saturdays every four weeks at the Freepoint Scottsdale offices , starting at 11:00
AM. Click on the "Workshop" link on the left of this page to find out when the
next workshop is taking place and to reserve your seat. Participation is limited
and is by invitation only.
Reserve a Seat
|
|
|
|
|
|