Reverse Mortgages To Create Wealth? With Chantry Abbott

Curious about reverse mortgages and how they can reshape your retirement? Join us in this eye-opening episode featuring Chantry Abbott, a leading mortgage loan officer from Guild Mortgage! We’re diving deep into the evolution of reverse mortgages—from their controversial beginnings to their current status as secure, regulated financial tools.

What You’ll Discover:

The Transformation: Learn how reverse mortgages have become a lifeline for aging homeowners, providing financial flexibility and security.
Real Stories: Hear personal anecdotes, including how my grandparents eliminated housing costs through strategic use of reverse mortgages.
Market Protection: Understand how these loans can serve as a buffer during economic uncertainty and why it’s crucial to know their costs.
We’ll also explore the vital role of family in these financial decisions, ensuring open communication and planning for a legacy that benefits generations to come. Plus, we’ll tackle asset-based long-term care planning to help maintain dignity and comfort in your later years.

Why Watch? Whether you're approaching retirement or helping a loved one navigate these waters, this episode is packed with insights that can change your financial future. Don’t miss out—hit play and start your journey toward informed retirement planning today!

Subscribe and Share: If you find this episode helpful, be sure to like, subscribe, and share it with others who might benefit from understanding reverse mortgages!

Find Chantry Abbott here:
https://branches.guildmortgage.com/ut/stgeorge/chantry-abbott-521-sgcab.html

Find Du Charme Wealth Management here:
https://ducharmewealth.com/contact-us/

DISCLAIMER:
Information presented on this program is believed to be factual and up-to-date, but we do not
guarantee its accuracy, and it should not be regarded as a complete analysis of the subjects discussed. Discussions and answers to questions do not involve the rendering of personalized investment advice, but are limited to the dissemination of general information. A professional advisor should be consulted before implementing any of the options presented. Encompass More Asset Management LLC is a registered investment adviser with the U.S. Securities and Exchange Commission (SEC) and only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements.

[00:00:00] Intro clip.
[00:11:15] Evaluating the Costs of Reverse Mortgages.
[00:20:26] Understanding Reverse Mortgages Parameters.
[00:32:57] Planning for Long-Term Housing Options.
[00:45:23] Financial Legacy Planning Across Generations.
[00:50:52] Investment Opportunity Discussion.

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