What happens to your mortgage debt after you’re gone—and could it impact your heirs?

In this episode of Retirement Solutions for All Ages, Ruth, the Retirement Mortgage Expert at NEXA Mortgage, breaks down one of the most important (and misunderstood) topics in retirement and estate planning: Recourse vs. Non-Recourse Loans.

You’ll learn:
• What recourse loans are and how they can affect your estate
• Why traditional mortgages and HELOCs may expose heirs to liability
• How non-recourse loans—like a HECM reverse mortgage—protect your legacy
• What your heirs actually face when inheriting a home
• How the right loan structure can reduce family conflict and financial stress

Understanding this distinction can save your loved ones from unexpected debt, legal complications, and unnecessary emotional strain. Your home is more than a place to live—it’s a cornerstone of your legacy.

📞 Connect with Ruth, The Retirement Mortgage Expert
Phone: 828-888-LOAN (828-888-5626)
Email: [email protected]

👍 If this episode helped you, please like, subscribe, leave a review, and share it with someone planning for retirement or estate protection.

Hashtags
#RetirementPlanning #ReverseMortgage #RecourseVsNonRecourse #EstatePlanning #ProtectYourHeirs
#HECM #MortgageEducation #LegacyPlanning #NEXAMortgage #RetirementSolutions

Ready to rethink work, no matter your age or next chapter? In this episode we sit down with career advisor Mike Dwyer — founder of Emplana Career — to unpack how retirees are going back to work, job changers are shifting paths, and younger generations are entering — or re-entering — the workforce in smart ways.🎙 What we cover:How to “un-retire” with purpose: turning your experience into new opportunities.Navigating major job changes: mindset, strategy & the real steps behind the pivot.What Gen Z & Millennials need to know: durable skills, networking, how to get a foot in the door.Mike’s 5-day/5-hours reboot plan you can start today.Building your “personal board” for career support and insight.Real talk about age, experience, technology, and staying relevant in a changing world.Plus: Practical tips on assessing your skills, leveraging your network, and finding “shots on goal” (not just one shot).👉 Who this is for:Retirees thinking about going back to work or exploring encore careers.Professionals wanting to change industries or roles.Young professionals just starting out and aiming to build a meaningful path.Anyone feeling stuck, under-used or ready for a fresh challenge.#CareerChange #EncoreCareer #Unretire #JobChanger #GenZCareer #MillennialCareer #CareerAdvice #NetworkingTips #DurableSkills #Emplana #MikeDwyer #PersonalBoard #CareerReboot #WorkAfter50 #ruthatnexa #4flloans #4ncloans #mortgage #homebuyer #reversemortgage #careeradvice #jobsearch #unretire

Unlock the essential guide to Medicare in this "Special Edition Interview" comprehensive podcast episode! Whether you’re turning 65, helping a loved one enroll, or simply want to understand the changes coming in 2025, we’ve got you covered.In this episode, you'll learn:A breakdown of Medicare Parts A, B, C & DEnrollment timelines and deadlinesCommon mistakes, hidden costs, and how to avoid themHow the 2025 updates affect you and what to considerPractical tips to make confident healthcare decisionsThank you, Laura Woolverton, for being on this episode: [email protected]#Medicare #Healthcare #RetirementPlanning #Medicare2025 #SeniorHealth #MedicareEnrollment #AgingWell #HealthcareTips #MedicareExplained #InsuranceAdvice #ruthatnexa #4flloans #4ncloans

Are you 62 or older and ready for a new home. Ruth, The Retirement Mortgage Expert, introduces the powerful Reverse Mortgage for Purchase (HECM for Purchase). This program allows you to buy a new primary residence with no required monthly principal and interest payments.

Learn how the HECM for Purchase can be a game-changer for:

• Downsizing with Confidence: Free up significantly more cash compared to an all-cash purchase.

• Upsizing Your Lifestyle: Increase your purchasing power to get your dream home without draining savings.

• Rightsizing: Move to a home that perfectly suits your retirement needs, whether it's single-story living or an active community.

Discover the down payment requirements and how this non-recourse loan can empower you to live your ideal retirement, all while simplifying the move.

Keywords: Reverse Mortgage for Purchase, HECM for Purchase, downsizing, upsizing, right-sizing, retirement mortgage, no monthly payments, home equity, financial freedom, senior home buying, retirement solutions, financial flexibility

Hashtags: #ReverseMortgage #HECMforPurchase #RetirementSolutions #Downsizing #Upsizing #SeniorHomeBuying #FinancialFreedom #RetirementPlanning #RuthTheMortgageExpert #HomeEquity

Life throws curveballs—from a global pandemic and devastating hurricanes like Hurricane Ian to surprise vet bills and financial scams. Join Ruth, The Retirement Mortgage Expert, as she dives into the compelling and emotional stories from her book, "Grandma's on the Roof."

Hear how three retired women—Katherine, Pat, and Betty—face unscripted crises and learn that strategic use of home equity via a reverse mortgage can be a powerful retirement solution. Discover how this financial tool moves beyond "last resort" to a lifeline, enabling dreams (like a trip to Italy) and providing crucial financial liquidity for emergency recovery and rebuilding. This episode is a must-listen for anyone seeking a more secure and resilient retirement plan.

Keywords: Grandma's on the Roof, reverse mortgage, home equity, retirement solutions, financial planning, Hurricane Ian, financial liquidity, unexpected costs, retirement safety net, senior finance

Hashtags: #ReverseMortgage #HomeEquity #RetirementSolutions #FinancialPlanning #RetirementLife #HurricaneIan #SeniorFinance #GrandmasOnTheRoof #RetirementExpert #NEXAMortgage

In this powerful episode of "Retirement Solutions for All Ages," host Ruth, the Retirement Mortgage Expert, shares stories that reveal the dual nature of home equity. Drawing on her grandfather's immigrant story and personal client experiences, Ruth explores how a reverse mortgage can serve as both a crucial lifeline for those facing financial hardship, and a strategic tool for others. She tells the poignant story of a couple using their home equity to protect their son from his addiction, contrasting it with a businesswoman leveraging her assets for intergenerational wealth transfer. Ruth emphasizes that regardless of the reason, using home equity can be a proactive choice that provides peace of mind, security, and a way to continue building a legacy.

Keywords: home equity, reverse mortgage, retirement planning, financial literacy, wealth transfer, generational wealth, financial tools, life events, senior living, mortgage, financial security, family dynamics

Hashtags: #HomeEquity #ReverseMortgage #FinancialFreedom #RetirementSolutions #WealthTransfer #IntergenerationalWealth #FamilyFinances #MortgageTips #FinancialLiteracy #SeniorLiving #MoneyMindset

In this deeply personal and insightful episode of "Retirement Solutions for All Ages," host Ruth challenges the notion that retirement planning ends when you retire. For those already in their golden years, Ruth reveals the new realities of an evolving retirement, from increased longevity and "gray divorce" to the rising costs of in-home care. She shares her own regrets about not traveling more for comfort and stresses the importance of shifting from an accumulation mindset to a spending mindset to truly enjoy your life. Ruth offers a compelling solution: leveraging your home equity with a tool like a reverse mortgage to create liquidity, cover unforeseen costs, or simply fund a more comfortable and celebratory lifestyle, just like her client Gertrude, who used her home equity to create lasting family memories.

Keywords: retirement planning, financial planning, reverse mortgage, home equity, longevity risk, in-home care, spending mindset, retirement age, gray divorce, liquidity, wealth management, financial advice, life expectancy

#RetirementPlanning #ReverseMortgage #FinancialFreedom #HomeEquity #RetirementLife #InHomeCare #Longevity #FinancialLiteracy #RetirementSolutions #SeniorLiving #MoneyMindset #WealthBuilding

In this compassionate and final episode, host Ruth, the Retirement Mortgage Expert, guides listeners through the emotional and financial journey of selling a parent’s home. Drawing from a powerful MarketWatch article, Ruth explores why this process is more than a transaction—it's an "emotional marathon." She offers practical advice on giving yourself time to grieve and sort through a "museum of a lifetime." Learn how to navigate the logistical hurdles, from creating a plan for belongings to preparing the property for sale by separating emotional value from market value. This episode is a must-listen for anyone facing this challenging life transition, providing a compassionate roadmap to honor your family's past while securing a strong financial future.

Keywords: selling parents' home, family home, real estate, downsizing, grief, estate sale, senior living, home selling tips, financial planning, emotional journey, retirement, generational wealth, family dynamics, MarketWatch

Hashtags: #SellingParentsHome #RealEstateTips #GriefJourney #FamilyHome #Downsizing #EstateSale #RetirementSolutions #FinancialPlanning #EmotionalHealth #MarketWatch #HomeSelling #GenerationalWealth

Episode 9: Are You and Your Siblings Arguing Over What to Do with Mom?In this episode of "Retirement Solutions for All Ages," host Ruth tackles a painful family dilemma: the post-loss conflict among siblings over a parent’s care. Ruth shares how a reverse mortgage can be a strategic tool to bring peace to this emotional situation. She explains how this financial solution allows an aging parent to age in place by using their home equity to pay for in-home care, preserving their independence and cherished memories. Discover how a reverse mortgage can alleviate the financial and emotional burden on adult children, heal family divides, and allow siblings to focus on their relationship with Mom, not the logistics of her care.reverse mortgage, aging in place, family conflict, siblings, caregiving, senior care, home equity, retirement solutions, financial planning, elderly parents, family harmony, navigating loss#ReverseMortgage #FamilyHarmony #AgingInPlace #SeniorCare #SiblingDrama #RetirementSolutions #HomeEquity #Caregiving #FinancialPlanning #FamilyFirst #NavigatingLoss #SeniorLiving #ruthatnexa #4flloans #4ncloans #mortgage #homebuyer #reversemortgage

In this emotionally resonant episode of "Retirement Solutions for All Ages," host Ruth, the Retirement Mortgage Expert, confronts a common family dilemma: the stress and conflict that arise when a parent needs to move in. Ruth explores how a strategic financial tool—the reverse mortgage—can provide a powerful alternative. She explains how this solution allows a parent to tap into their home's equity to pay for in-home care, essential repairs, or medical needs, helping them age in place and maintain their independence. Discover how a reverse mortgage can not only ease the financial burden on adult children but also protect a couple's marriage and preserve family harmony.Keywords: reverse mortgage, aging in place, retirement planning, family conflict, caregiving, senior living, home equity, marital stress, financial solutions, elderly parents, mortgage, family harmony, retirement solutionsHashtags: #ReverseMortgage #AgingInPlace #FamilyHarmony #RetirementSolutions #SeniorCare #Caregiving #FinancialPlanning #HomeEquity #MaritalAdvice #ElderlyParents #FinancialFreedom #RetirementPlanning #ruthatnexa #4flloans #4ncloans #mortgage #homebuyer #reversemortgage