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A closer look at reverse mortgages

Written by Tim Decker, AIF. Posted in The Patriot News

Q: I frequently see TV ads for reverse mortgages. They make this sound like it's a great idea. Is it?

A: This may be a good option for a very few people, depending on their reasons for buying and the terms and fees involved. But whether a reverse mortgage is right for you depends on your personal situation. You should be aware that reverse mortgages can come with distinct downsides.

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newsradio-WHP-webTim Decker hosts the weekly radio show “Financial Freedom” on WHP 580 AM Harrisburg every Saturday at 10:00 am Eastern.

He brings his extensive knowledge and over 28 years of experience to the discussion of current financial and wealth management topics. Each show also includes a Q&A session when Tim provides straightforward, unbiased answers to questions from callers. This is the program that represents your best interests, not Wall Street's.

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The Sleep-Well-at-Night Investor

The-Sleep-Well-At-Night-Investor

ISI Financial Group helps clients take all necessary steps to properly develop and implement a holistic financial plan using evidence-based, time-tested strategies centered around financial science. In his book, “The Sleep-Well-At-Night Investor,” Tim Decker shows readers how misinformation from the mutual fund industry has created widespread harm amongst investors. The book also discusses the temptation to think of investing like gambling, and the tragedy of gambling away savings and security under the guise of investing.

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