Home Equity and Reverse Mortgages: The Cinderella of the Baby Boomer Retirement. Este artículo no está disponible.Home Equity and Reverse Mortgages: The Cinderella of the Baby Boomer Retirement

In this unorthodox retirement book, Home Equity and Reverse Mortgages: The Cinderella of the Baby Boomer Retirement, Harlan J. Accola is frank about the current state of retirement planning. As baby boomers reach the prime of their lives, they find themselves faced with new challenges. Ten thousand baby boomers retire per day, but there simply is not enough money to go around. If you want to have a fun and prosperous retirement, you are going to have to get creative. This is not your father’s—- or your grandfather’s retirement! Creative doesn’t mean foolish— but it does mean different than what you have been thinking and what you have been told by conventional wisdom. This book is counterintuitive. The advice that Accola offers is guidance gleaned from over twenty years in the industry and collaboration with several financial planning experts and researchers referred to liberally throughout the book. The clear conclusion of the overwhelming evidence in the research shows that most people should get a reverse mortgage as soon as they are eligible at age 62— not 82 or 92 when they run out of money. Accola also understands the psychological barrier that arises when the reader hears the term "reverse mortgage”. He asks, “If what you thought you knew about home equity and reverse mortgages was wrong, when would you want to know?” He warns that the longer it takes you or your family to find the truth, the more dangerous it is. He attests to the stability and efficiency of a reverse mortgage and teaches the reader how to safely and profitably use one of the largest assets you have stored in your net worth— home equity.Accola covers the following in the entertaining Cinderella fairy tale format:The scary landscape ahead for millions of unsuspecting Baby BoomersThe basics of creating liquidity from your home equityThe psychology behind accepting or rejecting reverse mortgagesThe importance of planning ahead and buying an umbrella before it starts to rain.Real and immediate action steps that will help you get the most out of your retirementIn this easy-to-understand and fun guide, Accola presents step by step how to properly use home equity so you can enjoy the fourth quarter of your life and still leave a planned legacy for the next generation.

Harlan J. Accola has worked in the mortgage industry for over twenty years. Accola loves helping people with out of the box thinking and proper retirement planning. He doesn’t believe that you can do a good job for your clients unless you truly understand and care about the role of over $6 trillion in home equity held by the baby boomer generation. Accola is currently the National Reverse Mortgage Director for Fairway Independent Mortgage Corporation. He and his wife, Brenda, have been married for over thirty years. They have four adult children, Ben, Josh, Luke and Isaac and 3 grandchildren. When they aren't traveling they call Marshfield, Wisconsin home when they aren’t traveling. When Accola isn’t helping advisors and clients with new home equity retirement strategies, he enjoys serving as a wedding officiant for his wife’s wedding business!