Well you have worked hard all of your life and even paid off all or most of your mortgage. Now you are ready to retire, but when you sit down to figure out your new monthly budget, you find out you do not have enough money to retire on.

A lot of seniors are now using their house as a financial tool to help their retirement. Some people think of it as a home, but it is also one of your biggest investments and now an asset you can use to help fund your retirement.

Reverse Mortgages offer seniors the ability to access the equity in their homes so that they can improve the quality of their lives and live a more fulfilling retirement. Seniors 62 or older can convert part of the equity in their home into tax-free income without selling their home or giving up title to their home.

Homeowners can use the equity any way they want and the heirs get what is left over of the equity after the home owners pass on, just like a regular mortgage.

There are no income or credit qualifications for a Reverse Mortgage. So rather than making payments on the home you have now. The old mortgage is paid off with the proceeds of a new Reverse Mortgage and the left over funds are used as a lump sum or paid to you for the rest of your life in monthly payments.

To learn more about a Reverse Mortgage and how it can help you enjoy your retirement, visit my website: https://www.thefederalsavingsbank.com/garycrist or contact me directly at 1-888-546-9927 for a consultation and written personal plan for you.