Reverse Mortgages - How to Get the Most Income, with Mike Stanley

Reverse Mortgages: How to Get the Most Income, with Mike Stanley

Do you want to find out how to get the most income with reverse mortgages, and still have the cash to replenish your estate and pass on a legacy?

If you want to maximize income, especially during your later years, understand how to get a permission slip to get more income with a reverse mortgage, and gain control by having more financial options, so you can boost your confidence in your own financial stability, both now and in the future, this episode is for you!

In this episode, you’ll discover:

  • How reverse mortgages can convert home equity into cash or income.
  • How the Baby Boomer’s $7.2 Trillion of home equity in their current homes can be used to supplement their retirement and medical needs.
  • The 4 options available to custom-design a reverse mortgage to meet your specific financial goals.
  • How a reverse mortgage allows you to minimize the risk of having to take money out of your portfolio when the market is down and never being able to recover.
  • The secret that makes income from a reverse mortgage income tax-free.
  • The reverse purchase that makes it possible to downsize, or rightsize to a new home during retirement, never owe a mortgage again, and still have cash on hand.
  • How a reverse mortgage can increase your cash flow by reducing expenses and increasing income, often at the same time.
  • How a reverse mortgage affects your legacy and your kid’s financial economy.
  • The advantage of using whole life insurance death benefit to replenish your estate, giving you permission to use up other assets, and still maximize your legacy.

About Mike Stanley (Michael)

Michael Stanley is an expert in reverse mortgages whose accomplishments include:

  • Serving the mortgage industry since 1995
  • Focused exclusively on Reverse Mortgages for the last 12 years
  • Branch manager of Universal Mortgage & Finance
  • Lives in Virginia Beach VA with his wife of 35 years
  • Loves spending time with his son, daughter-in-law, and a beautiful granddaughter

Find Out Your Next Right Step to Time and Money Freedom

If you’d like to take the one next right step into ensuring the most options for future income, get whole life insurance with a guaranteed death benefit today. This tool will be your permission slip to use up other assets and still have the greatest possible legacy.

By the way, we have a free Quick and Easy Privatized Banking Guide that outlines just how Privatized Banking gives you the most powerful storage tank for your cash, PLUS it boosts investment returns, so you can more quickly get to the point where you never run out of cash.

If you are ready to personally implement Privatized Banking, alternative investments, or cash flow strategies to keep more of the money you make, book your strategy call with The Money Advantage advisors today.

Reverse Mortgage Resources & Mike Stanley’s Contact Info:

Calculate your options with a reverse mortgage or find out more at www.umafi.com.

You can also text or call Mike Stanley directly at (757) 646-4147.

Thanks for Tuning In!

Thanks so much for being with us this week. Have some feedback you’d like to share? Please leave a note in the comments section below!

Don’t forget to subscribe to the show to get automatic episode updates for The Money Advantage podcast!

And, finally, if you like these conversations for increasing your financial control and certainty, so you can have confidence and peace of mind, and prosper regardless of the economy, please rate and review our show on Apple Podcasts to help more people like you find our show.

Thanks for listening!

Rachel Marshall

Rachel Marshall

Rachel Marshall is the Co-Founder and Chief Financial Educator of The Money Advantage. She is known for making money simple, fun, and doable. Rachel helps her clients create time and money freedom with cash flow strategies, Privatized Banking, and alternative investments. Rachel is the co-host of The Money Advantage podcast, the popular business and personal finance show. She teaches how to keep more of the money you make, protect it, and turn it into cash-flowing assets.
Stephen Haynes - Custom-Designes Estate Planning

Custom-Designed Estate Planning, with Stephen Haynes

By Rachel Marshall | October 12, 2020

Considering estate planning, but not sure how to make it work best for your family? Wondering how to balance your unique age, stage, personalities, and goals?  Does estate planning feel constrictive, or your ambitions seem bigger than what you can accommodate with a finite plan?  Do you wonder how you could possibly know what’s best…

Read More
Family Banking, with John Moriarty

Family Banking: How to Start a Family Bank, with John Moriarty

By Rachel Marshall | October 5, 2020

Would you like to see Family Banking in action?  Today, Bruce and I talk with our friend and colleague, John Moriarty, Founder and President of e3 ConsultantsGROUP. You’ll hear about his personal and business use of Infinite Banking, and the thinking behind a growing and evolving system of policies.  John is smart, business savvy, and…

Read More

Leave a Comment




This site uses Akismet to reduce spam. Learn how your comment data is processed.