Stretch Retirement Savings

stretch_retirement_savingsAmericans live longer now than ever before. Will your retirement savings go the distance?

Many older adults have realized that they just might outlive their retirement savings. When unexpected expenses arise or you’re faced with early retirement, it becomes more important than ever to stretch your savings for many more years. After trimming expenses and reducing taxes, you may still come up short. If you are age 62 or older and own a home, you may have more retirement funds available than you think.

With a reverse mortgage, you can tap into home equity on a monthly or as-needed basis. This allows you to live your retirement dream for many more years. The income from a reverse mortgage may even allow you to delay collecting social security benefits, which will allow you to maximize that source of income.

Tap into funds only when you need them with a standby reverse mortgage. Unlike a home equity line of credit (HELOC), you don’t have to repay the loan for as long as you stay in your home.

Live your retirement your way. Contact FAR to find a reverse mortgage product that will help your retirement savings match your longevity.

  • “Jan and I want to personally thank you for your expertise in assisting us (to) get our reverse mortgage. It has been a very interesting process from the get-go, we have learned a lot. It truly has been a pleasure to work with you, you are a real credit to your profession. Thank you so much.”

  • “I would like to compliment you for the guidance you gave me during the Reverse Mortgage procedure. Your knowledge of the Reverse Mortgage procedure was evident in your clear, concise explanations. Any questions I asked, if you did not have the answer you researched it and got back to me in a timely manner. The rapport we built during this process made me feel very comfortable and it dispelled a lot of false rumors about a reverse mortgage….I would not hesitate to recommend your company and you as a Reverse Mortgage Specialist.”

  • “Cliff and I are so grateful for you, as you are responsible for helping us to get out of the rut we had been in for some time. You went above and beyond with us to help us secure this opportunity to improve our quality of life in our senior years. It’s clear that you love what you do and truly care about your clients’ peace of mind and happiness. It’s been a pleasure working with you, we are forever grateful!

    P.S. Planning a little vacation to celebrate our new and improved quality of life!”