Winning at Life with Gregory Ricks

The Weekly Wrap: 12.28.19


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00:28 - The SECURE Act has been signed into law, with major changes is the rules for retirement accounts starting Jan 1. Gregory breaks down the new rules, and what you need to do to adjust your financial plans.

20:24 - Dwayne Stein of MortgageGumbo.com joins us to talk about the world of mortgages and credit, but we start with celebrating his huge'y succesfull toy drive. He then shares how he was able to get a married couple in the service industry (waitress and a cook) into a mortgage, and why you should neeeeever cosign for a loan, even if it's your fiance.

28:01 - Richard in Houma asks Gregory if his wife's state pension will cause her Social Security benefit to be affected by the Windfall Elmination Provision, and he asks Dwayne if he can fix his current reverse mortgage that doesn't have his spouse on the note.

37:50 - Hear a review of our public events in January! We have a couple of Lunch and Learns, a couple of Gregory Ricks Live events, and an open house at the new Gulfport office coming up!

41:50 - Dwayne Stein goes into detail explaining what it means to have a non-borrowing spouse on a Reverse Mortgage.

1:03:36 - Gregory and James go over what's in store for 2020.

1:22:04 - Mark in Hammond asks if his wife's State Pension will cause their Social Security benefits to be affected by the Windfall Elimination Provision.

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Winning at Life with Gregory RicksBy Winning at Life with Gregory Ricks