Home equity conversion mortgage (HECM) in Retirement

Didier Malagies • June 25, 2024


Payoff a Mortgage

Eliminatinga mortgage in retirement increases cashflow


Stand-by credit line

A retirement strategy where the homeowner uses the credit line as a bucket to draw from during bear markets.


Long term care protection

Set up credit line and let it grow untouched, to use only if needed


Emergency back-up

Set up a credit line to use only as needed


Tenure payments

Tax-free lifetime income stream, thereby reducing the need to make withdrawals from tax portfolios


Hecm for Purchase

Use the Hecm to purchase a new home and invest the difference for retirement


Divorce settlement

Use the Hecm to buy out a spouse's portion of the home without selling or withdrawing funds from portfolio





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