Financial Freedom For Seniors



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Estate Planning Using Reverse Mortgages & Life Insurance

Posted by Ricky Rash, CRMS on June 15, 2010 at 11:35 AM Comments comments (13)

When it comes to the use of a reverse mortgage as a funding source for financial/insurance planning, I get a lot of questions and inquiries about long-term care insurance and taxes, but a surprising few about life insurance. What you might find interesting is how large the 62-year-old and older life insurance market is. What makes this so exciting is that the opportunity to sell life insurance in the senior marketplace would be so much bigger if more life insurance agents were made aware of t...

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Innovative Uses of a Reverse Mortgage

Posted by Ricky Rash, CRMS on March 25, 2010 at 9:29 AM Comments comments (8)

Generally speaking, a Reverse Mortgage can be used in almost any way you choose. It is up to you to determine the best way to the use money you access by tapping your home equity.


Most seniors use a Reverse Mortgage to help close a gap between their retirement expenses and their retirement income. However, Reverse Mortgages offer particular financial advantages when used by seniors as an estate planning tool in a retirement plan.


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Reverse Mortgage Industry News -- From Capitol Hill

Posted by Ricky Rash, CRMS on August 26, 2009 at 4:50 PM Comments comments (5)

For those Congressmen who have had it with the healthcare town meeting circuses at home, we’re ready for you to come back to DC. We’re awaiting some big decisions when the Drama on the Hill autumn act begins. Still on the table are the possibility of an appropriation to cover OMB’s projected HECM insurance shortfall for fiscal 2010, an extension of the $625,500 national loan limit and continuation of the suspension of the cap on total reverse mortgage output.


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