Most people think of reverse mortgages as a last-resource option, but what if your biggest asset could provide financial freedom without selling or downsizing?In this episode, the first of a two-part series interview with Mitchell Cooper, we discuss reverse mortgages' potential to transform your retirement planning and unlock financial security. Mitchell is one of the 200 Certified Reverse Mortgage Professionals in the country, with almost a decade of experience helping retirees and educating homeowners on the hidden potential of their home equity.Listen to episode 63 of On Life With Helen and learn everything you need to know about the often misinterpreted world of home equity in retirement planning. You'll also hear why most financial models ignore the massive role of housing in retirees' portfolios' wealth, the psychological barriers homeowners face when looking at their homes as assets, why waiting until late retirement to tap into home equity is a mistake, and much more.In This Episode, You Will Learn:Mitchell explains the problem of "getting into that conversation" too late (3:10)All about housing wealth and retirement planning (6:00)Mitchell talks about the emotional barriers when thinking of homes as an asset (9:10)Why do some people see reverse mortgages as some sort of failure (13:30)Reverse mortgages and family dynamics (17:30)Connect with Mitchell CooperLinkedInLet's Connect!EmailLinkedInWebsite - Ornellas InsuranceFacebook Page - Ornellas & Associates Insurance ServicesFacebook Profile Helen Ornellas Lanham Hosted on Acast. See acast.com/privacy for more information.

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