The Money and Meaning Show

Unpacking Reverse Mortgages: Myths, Benefits, and Strategic Uses with Gabrielle Welter


Listen Later

In this episode of Money & Meaning, host Jeff Bernier speaks with Gabrielle Welter, a retirement solutions manager at Finance of America. They explore the topic of reverse mortgages, dispelling common myths and misconceptions. Gabrielle explains how these financial tools can provide stability and peace of mind for retirees, addressing key challenges like healthcare costs and market volatility. The discussion delves into the specifics of Home Equity Conversion Mortgages (HECMs), including their benefits, costs, and strategic uses in retirement planning.

Topics Covered:

  • Introduction to reverse mortgages and common misconceptions
  • Gabrielle Welter's background and career journey
  • The evolution and safety measures of reverse mortgages
  • Strategic uses of HECMs in retirement planning
  • The financial and psychological benefits of reverse mortgages
  • Differences between HECMs and traditional mortgages
  • Suitability and scenarios for using reverse mortgages
  • Costs and insurance protection associated with HECMs
  • Resources for further information on reverse mortgages
  • Useful Links:

    • Jeff Bernier on LinkedIn
  • Gabrielle Welter on LinkedIn
  • Finance of America
  • TandemGrowth Financial Advisors
  • ...more
    View all episodesView all episodes
    Download on the App Store

    The Money and Meaning ShowBy moneyandmeaning

    • 5
    • 5
    • 5
    • 5
    • 5

    5

    7 ratings


    More shows like The Money and Meaning Show

    View all
    Top Traders Unplugged by Niels Kaastrup-Larsen

    Top Traders Unplugged

    581 Listeners

    The Rational Reminder Podcast by Benjamin Felix, Cameron Passmore, Mark McGrath, and Dan Bortolotti

    The Rational Reminder Podcast

    416 Listeners

    The Journal. by The Wall Street Journal & Gimlet

    The Journal.

    5,850 Listeners