Retired? Do you have an emergency fund set up?

Financial planners advise that folks have 6-12 months of income set up in a liquid account. Reports show that many people age 65+ rely solely on their Social Security benefits, and have less than $25,000 in assets (excluding their home). In my consultations as a reverse mortgage specialist, I help retirees set up a reverse mortgage line of credit, providing them access to tax-free proceeds from a portion of the value of their home. The line can be used for any purpose, grows at 4% a year, and can never be decreased. Best of all, there are NO monthly payments. Of course, I recommend it be well-planned. One should determine what their cash needs are now and what they can be in the next five years. 

To find out what you qualify for for, please visit my website www.topflitereverse.com/florian or e-mail me at askflorian@gmail.com