2016 – Mobile Cheese – Baby Boomers – Lifestyle – Wealth – Bondage

Lifestyle

Let me guess: you are living in Pennsylvania, or somewhere like that…

You own a house, sort of.
Your retirement barely covers your mortgage, because you put your kids through college, to get the degrees that did not earn them a job.
So here you are, in an empty house that you can barely afford, with little or no disposable income, stuck.

Sound familiar? Of course it does, because we all know people like this, we are the Baby-boomer Generation. I myself will be 62 on April 25th, taking early retirement to get some of my money that I paid in back. But my Social Security income will be only 1283 per month, and I am only aloud to make $350.00 per month over that amount, because I spent half of my life in business for myself, and I paid very little in. Being tied to an empty house that I can barely afford with yard work to do is not my idea of a happy and relevant lifestyle.

Wealth

Wealth comes in many forms. Fortunately, I own a business, an online business, that I operate from home. Through my business, I have a life online, being myself, and my business can provide to me expenses, travel, entertainment within reason, and help on my living expense (shelter-auto), legally, with no tax consequence, and with no affect on my retirement; other than to provide, easily, the amount that I am aloud to have in excess, and to leave some left over (to bury back into the business) to retire again someday, independently wealthy. In the meantime, at 62, if I cannot enjoy the journey, I am not going. I thank God, every day, for my amazing health. Many of us in my generation took care of ourselves. We are not used up. We are lucid, experienced, capable, ambitious, alive, and underemployed.

Bondage

Bondage, also, takes many forms. Do you own your house, or does it own you? Are you tied to a lifestyle, a job, a situation, a debt, or a piece of real estate that is not good for you? Are you restricted from being who you really are, and all that you can be, because of decisions that you made when you were too young to know better? Do you need take your life into your hands to commute daily, or are you stuck at home with nothing to do and no money to spend?

We all make some terrible decisions in our lifetimes, because we learn from our mistakes. but we also develop attitudes that limit us, hold us back. By changing those attitudes, we can change our lives, and earn freedom from bondage, financial freedom, and true wealth.

Reverse Mortgage – Reverse Purchase

I am not saying these things to discourage anyone. All I am trying to do here is to set you free from your various forms of bondage, and to give you lifestyle change options that may make you happier, more relevant, wealthier financially and otherwise, and able to do more with your God-given and hard earned talents that you have earned with hard work.

If you have equity in a home that you can barely afford
If you are buying a home with money that you do not have
If you are uncertain of your future
If you are in debt and are trapped in an unhealthy, unhappy, unproductive lifestyle

If you are any of those, you may want to consider an attitude change.

If I were you:

I would pull all the money that I possible could out of my equity
I would buy that home, with as little down and as long a mortgage at these rates that I could get
I would take that early retirement
I would start a business, invest in myself
I would make my life what I want it to be
I would never let my house own me
I would never let the government tell me not to work, and live, and strive, and be relevant, because I am NOT old at 62

Sure, I get paid a little to write these things, for my clients below, and for my huge audience that I maintain. But this is also who I am, what I want, and what I love. Think on that.

From Reversing Pa Mortgage – Reverse Mortgage Definition

Why Use a Reverse Mortgage?

A reverse mortgage is the only financial tool available that allows homeowners to remain in their homes, gain access to a substantial amount of money, and not have to endure the added stress of a monthly payment. 2. When one spouse dies and Social Security provides only one check instead of two each month, the cost of remaining in the home can be insurmountable. A reverse mortgage can provide the funds to allow the remaining spouse to stay in the home comfortably. 3.One point often overlooked is that a reverse mortgage frees a child from the guilt of not being able to help their parents when they run short of money and cannot pay their property taxes, utilities, medical bills, home repairs, etc. It also frees the parents from feeling that they have become a burden to their children. A reverse mortgage allows families to keep their finances separate while at the same time allowing parents to live a fuller and more pleasant lifestyle.