Reverse Mortgages, Freedom, and the Silver Tsunami with Brad Byrnes

Ever heard the words “reverse mortgage” and immediately thought, oh no, Grandma’s losing the house? Yeah, you’re not alone.

In this episode of Know Before You Owe, I sit down with Brad Byrnes from Finance of America to set the record straight on what reverse mortgages really are, and spoiler alert, it’s not a scam, it’s a strategy.

We talk about the silver tsunami (yes, that’s an actual term), the 10,000 Americans turning 65 every day, and how seniors sitting on serious home equity can use it to actually enjoy their retirement instead of just paying off property taxes.

Brad breaks down the myths, the math, and the many ways to age in place without feeling like you’re trapped in a two-story home with stairs that double as a workout plan. We even get into how reverse mortgages can be used for early inheritance, retirement flexibility, and, brace yourself, freedom.
If you think “reverse” means “bad,” stick around. You might just reverse your opinion.

Don’t forget to like, subscribe, and share this with someone who’s one Google search away from thinking reverse mortgages are a crime.

Timestamps:
00:25 – 01:05 The Silver Tsunami Is Here
01:05 – 02:46 10,000 Seniors a Day and No One’s Talking About It
02:46 – 03:56 Equity: The Retirement Lifeline No One Mentions
03:56 – 05:49 The Three Types of Reverse Mortgage Clients
05:49 – 08:27 The Insurance Policy You Didn’t Know You Had
08:27 – 09:55 Reverse Mortgages 101: What “Reverse” Actually Means
09:55 – 11:49 The Three Ways to Use a Reverse Mortgage
11:49 – 13:24 Freedom Loans: Reverse Mortgages Done Right
13:24 – 15:03 How Seniors Protect Themselves (and Their Kids)
15:03 – 17:08 Bridging the Gap for Seniors
17:08 – 19:49 Loan Limits and Misconceptions
19:49 – 21:38 The Power of Choice
21:38 – 23:19 The Freedom to Right-Size Your Life
23:19 – 24:17 Freedom, Knowledge, and the Silver Tsunami Ride-Out

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