The five conversations we have
- Cash flow. Should we eliminate the monthly mortgage payment before retirement, and if so how?
- Sequence-of-returns risk. Can a HECM line of credit act as a bucket to draw from when markets are down?
- Social Security timing. Can home equity fund the years between retirement and claiming Social Security at 70?
- Aging in place. What renovations make sense, and how do we pay for them?
- Legacy. How do we coordinate this with the estate plan and with adult children?
Coordinating with your team
Brian is a mortgage advisor, not a financial planner, CPA, or estate attorney. He works alongside your existing team, and can introduce you to trusted Bloomington professionals if you don't yet have one. The best retirement plans are collaborative.
Aging in place in Bloomington
Bloomington is one of the more accessible communities in the metro for aging in place , walkable neighborhoods, strong healthcare access (Fairview Southdale and M Health Fairview are close by), and plenty of single-level homes. A HECM can fund the renovations (main-floor bathroom, no-step entry, wider doorways) that make it work.