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Retirement Planning Education, with Andy Panko

#042 - Everything you wanted to know about reverse mortgages, with Josh Blum (Part 1 of 2)

Retirement Planning Education, with Andy Panko

Andy Panko

Roth Conversion, Roth Ira, Education, Social Security, Ira, Taxes, Retirement Planning, Annuities, Pension, Financial Planning, Investing, 401k, Tax Planning

4.91.1K Ratings

🗓️ 29 September 2022

⏱️ 46 minutes

🧾️ Download transcript

Summary

Part 1 of 2 of the audio replay of my previous video with Josh Blum from Mutual of Omaha where we talked all about reverse mortgage Links in this episode: Replay of the original video with Josh - hereFacebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)Newsletter - Retirement Planning Insights

Transcript

Click on a timestamp to play from that location

0:00.0

Do you want to learn more about reverse mortgages?

0:02.7

We'll stick around and listen to part one of two of my discussion with reverse mortgage

0:06.4

specialist Josh Bloom in this, the 42nd episode of the Retirement Planning Education

0:10.9

Podcast.

0:15.5

Welcome to the Retirement Planning Education Podcast, where you can learn all about IRAs

0:20.4

and Roth IRAs, employer retirement plans,

0:23.0

taxes, social security, Medicare, portfolio withdrawal strategies, annuities, estate planning, and much more.

0:30.2

And now here's your host, Andy Panko.

0:32.9

Hey, hey, hey, everybody. Welcome back. Thank you, as always for listening. We got a fun one today. I like to think all

0:39.2

these are fun. But no, seriously, this one today is part one of two of a previous discussion I had with

0:46.5

Josh Bloom, who was a reverse mortgage specialist with Mutual of Omaha. Josh, I had Josh on

0:53.6

when I was doing my weekly live videos, my Facebook group

0:56.7

taxes and retirement, I would have a special guest come on, typically once a month to talk about

1:01.5

a particular topic or strategy or something in which I wasn't the, or I'm not an expert in.

1:07.7

So I decided to do one about reverse mortgages because I think they can be a benefit to certain people in certain situations. So I, I'm acquaintances with Josh.

1:16.2

I thought he'd be the perfect person to come and talk about these. Since this is what he does,

1:20.1

he's truly an expert in it. So we wrapped for about, I don't know, I think the original recording,

1:25.9

the original video is about an hour and 15 minutes.

1:27.8

That included a bunch of Q&A, but a lot of it was Josh going over the basics.

1:32.3

What exactly is a reverse mortgage?

1:34.1

How is it different than a regular mortgage?

1:36.1

When does it make sense to consider?

...

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