Do you know what your household balance sheet looks like, or understand your personal cash flow? These kinds of financial considerations are important tools in understanding your own financial status and considering whether a reverse mortgage would benefit you.
financial planning for reverse mortgage.pngDownload our Personal Finance for Reverse Mortgage Checklist for a step-by-step guide to taking a look at your finances, including:
Why (and how) to assemble an essential records binder
How to create (or update) your household balance sheet
What to consider when looking at your retirement budget
How to create a cash flow analysis
And what to consider when assessing your insurance needs and coverage
In four simple steps, this checklist will help you or a family member collect and review personal financial documents to help you assess the reverse mortgage option.
Is a reverse mortgage right for you? Download our guide to find out.