All Episodes

July 14, 2021 28 mins

How to decide when to take out a home mortgage and whether to pay it off early. How reverse mortgages can be a helpful retirement tool.

Topics covered include:

  • Why it is more difficult to get a mortgage today
  • How federal government mortgage guarantees lead to lower mortgage rates
  • How to analyze whether to pay off your mortgage early
  • The differences between personal risk, market risk, and aspirational risk
  • How reverse mortgages work and how they can be useful as a retirement income tool
  • What are the costs of reverse mortgages


Become a Subscriber and listen to the episode ad-free on Spotify or your preferred podcasting app. Only $4.99 per month. Subscribe here.

Thanks to IPVanish and Raycon for sponsoring the episode.

For more information on this episode click here.

Show Notes

Quarterly Report on Household Debt and Credit 2021 Q1—Federal Reserve Bank of New York

Selling Guide: Lender Letter LL-2021-03, Impact of COVID-19 on Originations (03/11/2021)—Fannie Mae0

Overreliance on Fannie and Freddie Violates Their Federal Charters by Norbert J. Michel, Ph.D.—The Heritage Foundation

Mortgage Debt and Asset Allocation, Video by Ben Felix

Plus Episode 329: Robinhood, Mortgages and ETF Transparency—Money For The Rest of Us

Beyond Markowitz: A Comprehensive Wealth Allocation Framework for Individual Investors by Ashvin B. Chhabra

How the HECM Program Works—U.S. Department of Housing and Urban Development

Incorporating Home Equity into a Retirement Income Strategy by Wade D. Pfau

Related Episodes

44: Should You Pay Off Your Mortgage?

238: The U.S. Is More Socialist Than Denmark Regarding Home Mortgages

317: How To Buy In A Hot Housing Market

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at h


Advertise With Us

Popular Podcasts

On Purpose with Jay Shetty

On Purpose with Jay Shetty

I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!

Las Culturistas with Matt Rogers and Bowen Yang

Las Culturistas with Matt Rogers and Bowen Yang

Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.

Crime Junkie

Crime Junkie

Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.