Living a full life and doing what they love meant finding a way to fund their travels.
Mario had been working full time since he was twelve years old and never stopped until he retired from his role as a motion picture technician. After the loss of his first wife, and mother of his 3 children at an early age, Mario was only focused on providing for his family. After several years he finally met Veronica, an elementary school teacher and now wife of 24 years. After they both retired, they started planning how they wanted to live out their golden years and agreed that it was all about traveling the world. They just needed to figure out how they were going to fund it.
If you ask Mario, what is most important in life, he will tell you “time.” At 79 years young, he says, “I don’t have a lot of time left to waste. It is my time to enjoy all my hard work.”
Veronica points out, “I am a parent and a grandparent. I learned I wasn’t doing anything for myself. I was sitting waiting for my daughter to call to see if I was needed to help with her kids, I never really traveled until I met Mario.”
This article is intended for general informational and educational purposes only, and should not be construed as financial or tax advice. For more information about whether a reverse mortgage may be right for you, you should consult an independent financial advisor. For tax advice, please consult a tax professional.