- Welcome & Quick Intro
- This is an educational event
- There will be no pressure or sales tactics
- Why This Topic Matters
- The retirement challenge: rising costs, fixed income, long life expectancy
- The “stay or move” question
- The role of home equity in retirement planning
- What Is a Reverse Mortgage?
- Definition & core features
- Misconceptions and what it isn’t
- Eligibility (age, occupancy, type of property)
- Protections: non-recourse, FHA insurance, spousal safeguards
- How Can the Funds Be Used?
- Eliminate an existing mortgage
- Supplement income
- Pay for home repairs or care
- Set up a line of credit
- Delay investment withdrawals
- Reverse for Purchase: Right-Sizing Without Monthly Payments
- How the HECM for Purchase works
- Real-world example
- Why some buyers “get more house”
- Benefits vs. buying with cash or a traditional mortgage
- What Happens Later?
- What triggers loan repayment
- What heirs can do (sell/refinance/keep)
- Impact of moving, long-term care, or death
- Estate planning considerations
- The Line of Credit
- Establishing a line of credit
- Line of credit growth
- Making Voluntary payments & Line of Credit
- Is It Right for You or Someone You Love?
- Key questions to consider
- When it may not be a fit
- Importance of talking to a reverse mortgage specialist
- Real-Life Scenarios
- Stay-in-place example
- Move-to-a-better-home example
- Adult child support scenario
- Advisor planning use case
- Q&A
- Open Q&A with participants
- Option to schedule one-on-one after
