Don't let dropping temperatures lead to a dull garden! As summer days give way to the cool, crisp air of autumn, use the tips and tricks in our blog to keep your garden thriving, even as the leaves change.
Keeping Your Garden Vibrant for Autumn
With a little planning and some thoughtful care, you can keep your garden looking beautiful throughout the fall season.
CE CREDIT OPPORTUNITY: Although home equity has become more prevalent in financial planning in recent years, most still view it only as a safety net to deploy when all else fails. Join our complimentary webinar to learn why more and more financial scholars recommend a reverse mortgage as a method for creating liquidity from an otherwise illiquid asset. Register now for “Creating Effective Income Opportunities in Retirement” with Wade D. Pfau and Chris Mayer.
REGISTER NOW: Earn CE credit and join retirement researcher Wade Pfau, PhD, CFA, RICP®️, and Columbia professor and Longbridge Financial CEO, Christopher Mayer, PhD, as they dive into “Creating Effective Income Opportunities in Retirement” on October 18. You won’t want to miss this webinar!
At Longbridge Financial, we’re committed to helping seniors use hard-earned home equity to address financial challenges in retirement. And to better serve our customers, we welcomed Kelly Rogers to our team! A Certified Gerontologist, Kelly brings nearly 3 decades of experience collaborating with seniors and their families.
Learn more about Kelly's unique background in gerontology and get her take on the challenges facing today's seniors in this Q&A.
Reshaping Retirement: A Q&A with Kelly Rogers
A Certified Gerontologist, Kelly Rogers has nearly 3 decades of experience collaborating with seniors and their families.
October is Financial Planning Month! Whether you're planning for retirement, saving for a major purchase, or simply trying to make the most of your hard-earned money, check out our blog for smart money moves for your financial future.
Smart Money Moves: Celebrating Financial Planning Month
Financial Planning Month is a great reminder that it's never too late for you to make smart money moves and secure your financial future.
An always-popular trend, especially amongst retirees, the downsizing movement has picked up even more steam within the past few years.
With smaller homes typically coming at a more affordable cost and less maintenance and upkeep, downsizing offers several benefits. But it’s no secret that downsizing is a process and can quickly become overwhelming. Fortunately, it doesn’t have to. Check out these do's and don'ts to keep in mind.
Downsizing Your Home: The Do’s & Don’ts
When it comes to housing, turns out that “bigger is better” – isn’t always true. If you’re considering downsizing, check out these do’s & don’ts to get started.
Why should reverse mortgages be a core part of retirement planning? Contrary to popular belief, reverse mortgages often increase clients’ legacy wealth by slowing withdrawals from retirement portfolios and allowing assets to remain invested. Learn more: www.LBFReverse.com/LBF-101
It's no secret your lifestyle will change as you settle into retirement. But what about your spending habits? Check out the article below for a breakdown of retirement spending by 4 phases.
Planning for Spending Patterns in Retirement
It's no secret your lifestyle will change as you settle into retirement. What about your spending? Learn how to plan for spending patterns in retirement.
If you’ve ever been the target of a scam, you’re not alone. Every day, the FBI receives thousands of calls reporting fraud. So what can you do to avoid becoming a victim?
Read our for the top 5 most common scams and how to avoid them!
Savvy Seniors: How to Spot a Scam
Increasingly sophisticated tactics make it difficult for people of all ages to recognize when they are being targeted.
No matter where you live, chances are you’ve been battling the heat this summer. And with your home working overtime to keep you cool, your wallet may be feeling the heat, too. Read our blog for ways to save on your energy bill!
Feeling the Heat? Tips to Save on Your Energy Bill
Take the heat off your bill by implementing these tips into your routine and setting up your house with eco-friendly settings and devices.
EARN CE CREDIT: Join Kylie Lovell, J.D., for a for a for an in-depth look at legacy planning, guidelines for collaborating with estate planning attorneys, and more. Register now for this complimentary CE webinar: “Designing Comprehensive & Collaborative Estate Plans.”
With the ever-evolving retirement landscape, Baby Boomers, Generation X, and Millennial workers will all face different challenges as they approach retirement. Fortunately, with some proactive planning, there are plenty of measures that can be taken to maximize money. Check out the article below for generational approaches to retirement planning.
A Generational Approach to Retirement Planning
Hitting key financial milestones at various ages can put you on the path to a solid retirement. Check out these generational approaches to retirement planning.
As we age, so do our homes. Fortunately, transforming your home does not have to come with a hefty price tag. Check out this article for 8 cost-effective home improvement projects.
Of the more than 100 million homes across US cities, suburbs and rural areas, only about 1% are conducive to aging needs.
As a result, successfully 'aging in place' will inevitably require today's seniors to make some changes around the house. Learn more in the article below.
Rightsizing and Remodeling Your Home
Rather than senior living communities and lives of leisure, today's seniors have different aspirations—they want to rightsize and remodel to age in place
Today’s reverse mortgages are not what they were years ago. And perhaps some of the most overlooked benefits of reverse mortgage loans are the borrower safeguards that are now part of the program – including reverse mortgage insurance.
So what exactly does reverse mortgage insurance cover? And how much is it going to cost? Learn more here.
Mortgage Insurance Premiums: What Exactly Are You Paying For?
FHA HECMs boast several borrower protections. But these protections come at a cost – in the form of mortgage insurance premiums. So what exactly are you paying for?
What happens if you're interested in exploring a reverse mortgage but you still have a mortgage balance on your home? Find your answer in our blog!
I Have a Mortgage on My Home: Can I Still Apply for a Reverse Mortgage?
There are many types of mortgages, but for some who are in or approaching retirement, a reverse mortgage can be a game-changing financial tool!
Like all financial decisions, opting for a reverse mortgage is a big decision – and must be right for your unique situation. While there is no standard applicant for a reverse mortgage, there are certain qualities that could make you a good candidate for a reverse mortgage. Learn more in the article below.
Are You a Good Candidate for a Reverse Mortgage?
A reverse mortgage is a big decision – and must be right for your unique situation. Check out our article for qualities that could make you a good candidate.
With any type of home equity financing, there are certain requirements and borrower responsibilities in order to qualify for the loan.
Check out the article below for a simple overview of the basic reverse mortgage qualifications.
Reverse Mortgage: Borrower Responsibilities & Eligibilities
With any type of home equity financing, there are certain requirements and borrower responsibilities in order to qualify for the loan. To help you better
Despite its recent growth in popularity, reverse mortgages are still subject to many misconceptions, both in the media and through word-of-mouth. So, with all the misinformation out there, how can people decide whether the loan is right for them?
To help our clients separate fact from fiction, we've compiled a list of reverse mortgage myths and truths. Learn more in the article below.
Reverse Mortgage Myths – A Closer Look At Common Misconceptions
The Home Equity Conversion Mortgage or HECM (heck´-um)—also known as a Reverse Mortgage—is a safe and increasingly common retirement income tool that can
The COVID-19 pandemic unleashed a storm of unforeseen circumstances: a volatile stock market, record job losses and unemployment rates, and isolation from loved ones. These factors caused many to leave the workforce prematurely and retire earlier than expected.
Whether voluntary or forced, early retirement is trending upward and catching many off-guard. But what happens next?
Pandemic-Prompted Retirements: Now What?
Due to the pandemic, many people have left the workforce prematurely. If you find yourself entering retirement earlier than anticipated, what happens next?
August 17 is Baby Boomers Recognition Day! Today, we honor their trailblazing spirit, hard work, and resilience that has shaped our society in profound ways. Let's express our gratitude and appreciation for their contributions and the wisdom they've passed down to us. Happy Baby Boomers Recognition Day!
Longbridge is proud to support the Aging in Place Council (NAIPC) both nationally and at a local level. We are a founding member of the new NAIPC Washington State and Sacramento, CA, chapters! By joining forces, we can better serve and advocate for our older adults and their providers.
Learn more and get involved: https://bit.ly/3YBD1hw
What’s one of the largest expenses seniors will face in retirement? You may have guessed it – healthcare. Fortunately, there are ways to help your senior clients prepare for such expenses – starting with home equity. By tapping into home equity, you can help your clients access an additional source of cash flow to fund aging care expenses – including in-home care services. Learn more: www.LBFReverse.com/LBF-70
As we age, our needs change. And if you have senior clients, you’re likely familiar with the hefty price tag that can come with some of these needs, including in-home health care services and insurance. Tapping into home equity with a reverse mortgage can help your clients fund these expenses – and provide your business another opportunity to better serve the aging market of homeowners. Learn more: www.LBFReverse.com/LBF-70
Applying for a reverse mortgage can feel overwhelming. But at Longbridge, we believe learning about, applying for, and obtaining a reverse mortgage should be as simple as possible. Read our blog for a full breakdown of the application process!
The Reverse Mortgage Application Process
Applying for a reverse mortgage can be a complex process, but it's a useful tool for those looking for greater financial flexibility in retirement.
We are excited to share that we are a founding member of the new Washington State and Sacramento, CA, Aging in Place Council (NAIPC) chapters. Longbridge is proud to be part of the solution to the senior care crisis and support NAIPC both nationally and locally.
Want to be part of the solution? Learn more: https://bit.ly/3Qu4NdW
There are multiple ways you can opt to receive your funds from a reverse mortgage – but which one is right for you?
Learn more in our latest .
Show Me the Money: How You Can Receive Your Reverse Mortgage Funds
There are multiple ways you can opt to receive your funds from a reverse mortgage – but which distribution method is right for you?
While Social Security, pension/401(k) savings, and investments were once thought of as the “3-legged stool” of retirement planning, the reality is that these assets are no longer sufficient for many people. Tapping into home equity can add a much-needed fourth leg of retirement stability to your clients’ retirement plans. Learn more: www.LBFReverse.com/LBF-101
Many people dream about renovating their home, but the cost ultimately keeps them from moving forward. If this rings true for you, read our blog to learn how a reverse mortgage could be the solution to funding your next home improvement project.
Using a Reverse Mortgage to Fund Home Improvement Projects
According to a recent report, about 95% of homeowners indicated plans to take on a major home improvement project in the next five years.
Do you dream of mitigating debt? Watch our video and learn how a reverse mortgage could help. Watch our video.
Retirement Wish List #5
Retirement Wish List #5: Mitigate debt.What's on your retirement wish list? See how home equity could help.Contact us today.855-523-4326longbridge-financial....
Longbridge is a proud member of the Aging in Place Council (NAIPC)! The goal of NAIPC is to provide seniors and caregivers with the education and resources they need to age with grace and dignity. Together we’re helping more seniors age in place and find greater financial peace of mind in retirement.
Learn more about Aging in Place: https://bit.ly/3rSikBP
Spring has sprung! And you may find yourself wanting to spruce up your home beyond just the standard ""Spring cleaning."" But it's no secret that home projects have the potential to be expensive...especially for retirees on a fixed income.
Fortunately, sprucing up your home doesn't have to break the bank. Check our these 8 budget-friendly tips to get started.
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Healthcare costs continue to increase at a staggering pace. And even those who have healthcare insurance can face out-of-pocket expenses such as copays, prescription drugs, in-home care, physical therapy, medical supplies, and more.
How can people on a fixed budget pay for it all—without draining their savings accounts, 401(k)s, and investments? One helpful (but often-overlooked) source of funds is home equity.
How Can You Cover Rising Health Costs on a Fixed Budget?
A reverse mortgage can create a source of funds to help pay for healthcare in retirement. Healthcare costs continue to increase at a staggering pace.
Looking to sell more homes to your senior clients who are transitioning into retirement? Expand their options and increase your sales and business opportunities with a HECM for Purchase loan. Learn more: www.LBFReverse.com/LBF-63A
Baby Boomers and Gen X make up a bigger share of the population than at any time in our nation’s history. Recently, more members of these generations are choosing to live alone. But why is solo living on the rise? Read our blog to learn more!
Embracing Independence: The Rise of Gen Xers and Boomers Living Alone
This trend reflects a changing societal landscape, evolving aspirations, and the desire for independence among these age groups.
Today is National Senior Citizens Day! Let's take this day to honor and celebrate the incredible wisdom, strength, and invaluable contributions of our beloved elders. Take a moment to appreciate and show love to the seniors in your life, reminding them that they are cherished and respected every day.
With today's low interest rates, refinancing is a popular option for many types of loans – and reverse mortgages are no exception. So does refinancing a reverse mortgage make sense?
Learn more about what to keep in mind in the article below.
Reverse Mortgage Refinance: Can (And Should) You Do It?
Blog content updated 9/10/2021 Yes, you can refinance a reverse mortgage just like a conventional forward mortgage—but there are some distinctions that
With home values going up and stocks going down, getting a reverse mortgage now could help seniors create a new source of income – and maximize it’s benefits.
Check out these 4 reasons why tapping into your home equity with a reverse mortgage now could be part of the solution to today’s – and tomorrow’s financial challenges.
When Is a Reverse Mortgage a Good Idea?
Tapping into your home equity through a reverse mortgage now could be part of the solution to today’s – and tomorrow’s – financial challenges.
When it comes to reverse mortgages, there are a lot of acronyms to know. So, what the heck is a HECM?
Check out the article below for all you need to know about Home Equity Conversion Mortgages (HECM) – also known as, reverse mortgages.
What the HECM is a Reverse Mortgage?!
Have you ever wondered, “what the heck is a reverse mortgage?” or “how the heck does it work?” Look no further! We cover these answers and more in this article.
Looking to earn CE credit?
Join us July 19 for a complimentary webinar for financial professionals: “Help Your Clients Rightsize Their Home Without Downsizing Their Cash Flow.” Register now!