HappySeniorHomeOwners Blog

Retirement Funding Sources

August 7th, 2020 9:47 AM by Juan Luis Rodriguez-Kohly

In the Time of
 The Plague,

Valuable Information
 For Florida Seniors!

Unexpected
Retirement Funding
 Sources

Excerpts from an Article in the Motley Fool by
 Selena Maranjian


  1. Health Savings Account (through   your employer) Tax free savings to  be used to pay healthcare costs.
     
  2. Part-Time Job. If you are physically able to do so, it this might have to be a possibility.

  3. A Fixed Annuity: Through an Insurance company. You make a one time payment and then receive a fixed monthly income.

  4. Dividends: if you have invested in stocks.

  5. Your Insurance Policy: If you have a Whole or Universal Life policies you may borrow against it for needed cash.

  6. Your Home:  A Reverse Mortgage can provide Tax Free funds to complement your retirement Income and/or eliminate your mortgage payment leaving more cash in your pockets. Title is yours always. Ask me I have one on my home. 786-262-6486.

  7. A New Home: If you do not have enough Equity to do a Reverse Mortgage or want to downsize you could consider selling your home.
     Our Sister Company JFA Realty can help you sell it and buy the new one.

    You can finance the Purchase with a Reverse Mortgage for Purchase. You make no monthly mortgage payments. 
    Call  me to Refer you to a REALTOR and to pre-qualify you for the new one before you start looking at homes, at  786-262-648
http://HappySeniorHomeOwners.com/SeniorBuyers  
Posted by Juan Luis Rodriguez-Kohly on August 7th, 2020 9:47 AM

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