Money Matters – Can you use additional funds to supplement your retirement? Are you a homeowner, age 62 or over? Then you should read this.

Consider a reverse mortgage loan, a versatile retirement funding tool, to convert your home equity into cash! Reverse mortgage loan proceeds can be used in a variety of ways, such as:
• Pay off your existing mortgage and eliminate monthly mortgage payments.
• Maintain a line of credit (that can grow) for health emergencies and other events.
• Get a monthly payment for life.
• Modify your home to accommodate aging in place.
• Convert a room or basement to a living facility for an aging family member or a caregiver.
• Cover monthly expenses and hold onto other assets, while their value continues to grow.
• Pay for health insurance during early retirement years until Medicare eligible at 65.
• Combine life tenure payments with Social Security and income generated by assets to replace your salary.
• Pay for long-term health care needs.
• Maintain a standby cash reserve to get you through the ups and downs of investment markets.
• Pay for short-term in-home care or physical therapy following an accident or medical incident.
• Fill in the gap in retirement plan by lower than expected returns on your assets.
• Set up transportation arrangement for when you are no longer comfortable driving.
• Create a set-aside to pay real estate taxes and property insurance.
• Delay Social Security benefits thereby increasing monthly payments later in life.
• Pay off credit card debt and other high interest debt.
• Cover monthly expenses between jobs without utilizing savings or other assets.
• Purchase health-related technology that enables you to be more independent.
• Travel to visit family and/or friends.
There are terms and conditions concerning getting approved for a Reverse Mortgage.
We are Reverse Mortgage Specialists. Call us today to find out if a reverse mortgage loan is right for you!
For more information, please call Douglas J. Sedam at 1-866-549-3900, 661-295-2400 #1 or email: Doug.Sedam@ThePaseoGroup.com. You may also learn more at www.ThePaseoGroup.com.
Securities and Investment Advisory Services offered through Financial West Group which is a member FINRA/SIPC. OSJ Office: 4510 E. Thousand Oaks Boulevard, Westlake Village, CA 91362, Phone: 1-866-502-8929 The Paseo Financial Group, Inc. and Financial West Group are unaffiliated companies. The Paseo Financial Group, Inc. encompasses the following companies: The Home Loan Pros – Residential, Investment, & Commercial Real Estate Mortgages; Oak Tree Realty – Residential, Investment, & Commercial Real Estate Sales; and The Financial Services Pros – Investments, Insurance, & Retirement Planning.