Brett Stumm Reverse Mortgage Specialist
My goal to help seniors make the most out of their retirement with a reverse mortgage. I have over 3
Reverse mortgages may provide a steady stream of income and preserve the security of long-term retirement savings goals.
Read the full article: Reverse Mortgage: A Smart Retirement Strategy
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"While the Reverse Mortgage itself does not affect your credit score, if used correctly it can provide you with some great benefits for your overall financial situation which could give your credit score a boost in the right direction." https://lttr.ai/ANZGr
What Does a Reverse Mortgage on Your Credit Score Affect? - Brett Stumm Retiring doesn’t necessarily mean you have to give up your lifestyle, dreams, and independence. If you are a homeowner 62 years of age or older, it may be possible for you to access the equity in your home through a reverse mortgage loan. This type of loan enables seniors over the age of 62 to con...
By getting involved in your community, you'll meet people who share similar interests and can help keep you active and engaged.
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Finding Your Passion After Retirement: Happy Retirement Tip - Brett Stumm When most people think about retirement, they imagine a time when they can finally do the things they've always wanted to do. Maybe they'll travel, spend more time with family, or take up a new hobby. But for many retirees, finding passion becomes a challenge. If you're at a loss for what you want t...
When looking for the best senior living townhomes, you should consider the location and price of the property.
Read the full article: How To Find The Best Senior Townhomes: Your Guide
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Gardening Benefits in Retirement: Tips for Seniors: https://lttr.ai/ANIZu
Reverse Mortgage: A Smart Retirement Strategy: https://lttr.ai/ANE2r
How To Use Reverse Mortgage for Retirement Savings - Brett Stumm A reverse mortgage can be a smart retirement strategy for those who want to stay in their homes during retirement. A reverse mortgage allows you to borrow money against the equity in your home, and you don't have to pay it back until you move out or die. This can be a great way to supplement your re...
Credit Scores & Reverse Mortgages: What You Need to Know
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What Does a Reverse Mortgage on Your Credit Score Affect? - Brett Stumm Retiring doesn’t necessarily mean you have to give up your lifestyle, dreams, and independence. If you are a homeowner 62 years of age or older, it may be possible for you to access the equity in your home through a reverse mortgage loan. This type of loan enables seniors over the age of 62 to con...
Understanding your credit score is an important part of the reverse mortgage loan process, yet it may be surprising to note that it doesn't factor into determining the interest rate.
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When practice mindfulness techniques before bedtime, will help you fall asleep faster and stay asleep longer throughout the night.
Read the full article: The Retirement Guide to Meditation & Mindfulness
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Meditation is an age-old practice that can help you stay in control of your stress levels and emotional well-being
Read the full article: The Retirement Guide to Meditation & Mindfulness
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Things To Know About Meditation and Mindfulness in Retirement - Brett Stumm Retirement offers a chance to reap the rewards of hard work while allowing more time and freedom for activities that bring joy. Consider exploring ways to enhance your retirement experience with meditation and mindfulness! A practice rooted in being aware of one's thoughts, feelings, and bodily sens...
Whether you plan to make a few upgrades to the house, upgrade your lifestyle, or give yourself a financial cushion, reverse mortgages can provide short and long-term benefits.
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Okinawa seems to have magical powers when it comes to longevity; perhaps we should explore its unique culture and lifestyle if we want in on this secret for living longer healthier lives.
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Discover Okinawa’s Secret To A Long And Healthy Life - Brett Stumm If you're looking for the fountain of youth, you may want to consider a trip to Okinawa. This Japanese island is known for its long-lived residents, who often enjoy healthy eating habits and active lives well into their 90s and 100s. What are Okinawan secrets to long life? Researchers have identifie...
CBS News: Reverse mortgages may help seniors get cash for the holidays
CBS News: Reverse mortgages may help seniors get cash for the holidays A new column explains how reverse mortgages is one option that may provide liquidity for seniors during the holiday season.
Start walking with a brisk walk and you'll soon see tremendous improvements in your cardiovascular fitness and weight loss.
Read the full article: Walking Exercise For Seniors – Tips For Effective Walking
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New York Times: More older adults live alone, face housing challenges
New York Times: More older adults live alone, face housing challenges Not only are more older Americans living alone, but they’re also running into housing issues, especially when seeking to downsize.
Are reverse mortgages an option for seniors who want to avoid nursing homes?
Are reverse mortgages an option for seniors who want to avoid nursing homes? New data from the Boston College CRR suggests seniors are increasingly resistant to nursing homes, which could be a renewed reverse mortgage opportunity.
But one of the most important things you can do is pass on financial values to them
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How To Pass On Your Financial Values To Your Heirs - Brett Stumm One of the most important things you can do for your loved ones is to make sure they are taken care of financially after you're gone. This means that you need to have a plan in place for how you will transfer your wealth and financial value to them. In this blog post, we will discuss some tips on ho...
One way reverse mortgages can fund aging in place: Home renovations
One way reverse mortgages can fund aging in place: Home renovations If a home needs to be adjusted to better accommodate an older person, a reverse mortgage could serve as one way to fund such a plan.
The health benefits of martial arts include improved flexibility, strength, balance, coordination, and endurance.
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Best Martial Arts For Seniors: Health Benefits and More - Brett Stumm It's never too late to start learning a martial art. In fact, for seniors, it can be an especially good way to stay healthy and active. Martial arts can improve flexibility, strength, and balance – all while providing a great workout. In this blog post, we'll take a look at some of the best martia...
How to Live a Long Healthy Life
How to Live a Long Healthy Life Many of us say we don't care how long we live, only that we live well while we're around. But the two are intertwined. Those of us who...
Hobbies are great because they give us space from our jobs, remind us that life is more than just work, and help us stay healthy by giving our brains something to work on besides spreadsheets or emails.
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How To Find Your Passion And Purpose In Life After 60 - Brett Stumm Do you feel like you're at a crossroads in life? Are you unsure of what your next steps should be? If so, you're not alone. A lot of people reach a point where they feel lost and uncertain about their future. But don't worry – it's never too late to find your passion and purpose in life! In this b...
As more seniors age alone, could reverse mortgages become key?
As more seniors age alone, could reverse mortgages become key? Reverse mortgage professionals have often said that the product may be more efficient for borrowers who do not intend to leave their homes to an heir, but if family is in the mix, then there may be an inclination to do so.
Dragon boat racing is an ancient Chinese sport that's become increasingly popular in the US, especially among retirees.
Read the full article: 25 Strange But Fun Hobbies To Take Up In Retirement
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Study shows senior women may fit bill for reverse mortgages
Study shows senior women may fit bill for reverse mortgages Over four in 10 working women expect to delay retirement to age 70 because of insufficient retirement savings — if they plan on retiring at all — which means they could benefit from reverse mortgage products.
Baby boomers, Gen X’ers prefer to age in place, showing reverse mortgage potential
Baby boomers, Gen X’ers prefer to age in place, showing reverse mortgage potential The new study solidifies the desire for Americans to remain in their own homes as they age, a central requirement of reverse mortgage loans.
Senior population growth data highlights reverse mortgage potential
Senior population growth data highlights reverse mortgage potential The senior population in the U.S. will account for 23% of the nation's population by 2040 — a growth of 6% compared to 2020, according to data released by the Administration for Community Living.
Retiring to Care for Grandchild isn’t Unusual
Retiring to Care for Grandchild isn’t Unusual – Center for Retirement Research Retiring to Care for Grandchild isn’t UnusualDecember 13, 2022Share Squared Away Blog by Kimberly BlantonRetirement can change everything. So can grandchildren.A new study that looks at the transitions made by older workers finds that the odds of relocating after they retire to be closer to thei...
One of the biggest challenges to maintaining a meditation and mindfulness practice is staying motivated and committed.
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Uptick in retirement withdrawals could signal opportunity for reverse lenders
Uptick in retirement withdrawals could signal opportunity for reverse lenders Americans are tapping into their retirement accounts at higher rates due to inflation, which could present a new opportunity for the reverse mortgage space.
Women disproportionately struggle to save for retirement, new data shows
Women disproportionately struggle to save for retirement, new data shows Competing responsibilities and income disparities have made it harder for women to save for retirement, according to a new report.
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