In this episode of the Let’s Get Init Finance Show, hosts Norm Murray and Stephan Balgobind start with a quick round-up of the week’s top financial headlines — then take a deep dive into one of the most misunderstood tools in retirement planning: reverse mortgages. Whether you're nearing retirement, already there, or advising someone who is, this episode breaks down:
- What a reverse mortgage really is
- Who it’s best suited for
- The potential benefits and risks
- Common misconceptions and FAQs
- Why it could be a powerful option for unlocking home equity in later years
Tune in for clear, practical insights that could change the way you think about retirement income.