Page 14 - Retail Info Kit Booklet
P. 14
10 Reverse Mortgage Strategies 1 Pay off my existing mortgage
to increase cash flow.
The ways people are responsibly using their Paying off your current mortgage is a reverse
reverse mortgages for a better retirement are mortgage requirement. By removing your
virtually unlimited. monthly mortgage payments, your your cashflow
increases. (You must continue to maintain your proper-
ty, pay property taxes and homeowners insurance, and
otherwise comply with all loan terms.)
Renovate my home to make it safer
2 and more enjoyable.
The right home improvements could also help
maintain or even potentially increase the value of
your home.
3 Give my retirement savings accounts
more time to grow.
By tapping home equity and leaving your investment
accounts intact, your assets can continue to grow
through the magic of compounding interest.
4 Delay taking my Social Security
for larger payouts later.
We’re here to help. Call us today:
Social Security benefits increase by a certain
(800) 608-6004 percentage each year if you delay your retirement
beyond full retirement age. That’s part of an
effective savings plan.
14 aag.com | (800) 608-6004