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In this podcast episode of the Neil Haley show, Neil Haley interviews Don Graves, the CEO of the Housing Wealth Institute. Don shares his background, including his experience with Habitat for Humanity, and explains how he transitioned into the world of housing wealth for retirees.
They discuss misconceptions surrounding reverse mortgages, emphasizing that it's essentially just a mortgage and not as scary as some believe. Don breaks down how reverse mortgages work, highlighting that homeowners retain ownership of their homes and never owe more than the home's value.
Don addresses concerns about leaving a legacy for children, stressing the importance of prioritizing one's own financial security in retirement. He provides insights into incorporating housing wealth into a comprehensive retirement income plan.
Listeners can find more information about housing wealth on Don's website, housingwealth.net, or by attending his masterclass at housingwealthmasterclass.com. Don also welcomes inquiries via email at askdongraves@gmail.com.