How to Achieve More Joy? The Unexpected Role of Reverse Mortgages

Needham MA

07 May, 2021

11:29 AM

Description

How to Achieve More Joy and Personal Fulfillment? The Unexpected Role of Reverse Mortgages Bonny Gilbert, Esq., to Lead Zoom Presentation for Center at the Heights Monday, May 10 at 11 am Needham, Mass.—COVID-19 has reinforced the importance of maximizing every moment—and that means something different for each of us. Moving closer to grandchildren, traveling to the National Parks (when it’s safe), or just being able to enjoy occasional restaurant meals and clothes shopping … the list is endless. Of course, all these require financial resources, and many seniors are unaware of how reverse mortgages can potentially contribute. Bonny Gilbert, Esq., Bonny Gilbert Reverse Team, Fairway Independent Mortgage Corporation, will discuss the milestones/life goals where reverses may be worth investigating during a virtual presentation for the Center at the Heights, Needham. The presentation, “Adding Joy: A Financial Path Toward Greater Happiness and Fulfillment,” will take place Monday, May 10 at 11 am via Zoom. Participants can click to https://us02web.zoom.us/j/85742430117 or call Dawn Ringel for phone-in information at 781-449-8456. They can also email Aicha Kelley at [email protected] for help getting onto the presentation. Individuals who are 62 or older can often use reverse mortgages to convert some equity into an additional source of tax-free money* and spend retirement more comfortably. There are also “purchase reverses”—which enable borrowers to draw more money from the sale of their home, and buy a new one (house or certain condos) without incurring monthly mortgage payments. Bonny Gilbert (pictured) has been focusing on reverses for 11 years. Before entering the mortgage industry, she ran her own law practice, served as an assistant attorney general for Massachusetts, and was vice president with one of the world’s largest financial services firms. She earned a J.D. (magna cum laude) from Suffolk University Law School and a bachelor’s degree in finance from Boston University. More information about her is available at bonnygilbertmortgages.com. Bonny Gilbert, Esq., NMLS #300106 leads the Bonny Gilbert Reverse Team with Fairway Independent Mortgage Corporation, Boston. She is licensed in Massachusetts, Connecticut, Maine, New Hampshire, New York, New Jersey, and Virginia. Contact her at [email protected] or 857-300-6775. 380 West Broadway Unit 101, South Boston, MA 02127. Click here for legal disclosures. * This advertisement does not constitute tax or financial advice. Please consult a tax and/or financial advisor regarding your specific situation. ###