Retirement Solutions for Smart People

Three recent events, which I had been part of, sparked the idea to create a Telegram channel based on my book, “Retirement Solutions for Smart People™: How to Accomplish Financial Comfort.” This book outlines my approach to helping people retire comfortably.

Event 1: Reverse Mortgage Inquiry

A caller asked me about obtaining a reverse mortgage for his uncle, who has Alzheimer’s, to cover the $14,000 monthly cost of assisted living. The uncle’s doctor estimated he could live for another five years, totaling at least $840,000. That’s exactly the case where reverse mortgage could help. However, reverse mortgage borrowers must reside in the property, creating a challenge.

Event 2: Low Mortgage Interest Rate

Another client consulted me about their low mortgage interest rate, which may increase in five years. After our meeting, I recommended them saving more money each month before retiring in ten years.

Event 3: Rightsizing for Retirees

Last, but not least, one of my recent recent website posts discussed how retirees can “rightsize” by selling their home, buying a condo with a reverse mortgage, and saving for emergencies.

The Need for Better Understanding

Those three events highlighted the need for retirees to better understand the issues they face and how to address them. I’ll cover a wide range of available solutions in my weekly postings on Telegram.

Weekly Updates

Every Monday, I’ll share ways to prepare for and enjoy retirement. In the meantime, you can look at three images from the book, available for order on Amazon.

Care and Share!