The Senior Show – Reverse Mortgages, Legacy Planning & Retirement Risks – S1E27

Let’s get into it—this is The Senior Show!

In this episode of The Senior Show, Neil Himmelstein and Tim Kennedy discuss how reverse mortgages, life insurance, trusts, and tax planning can work together as part of a larger retirement and legacy strategy. They cover homeowners who are “right-sizing,” managing capital gains concerns, using home equity instead of selling property, and structuring life insurance to help equalize inheritances among children. Tim shares examples involving high-value homes, proprietary reverse mortgages, reverse-for-purchase strategies, and using home equity to preserve lifestyle while planning for legacy goals. The episode also touches on gray divorce, splitting home equity later in life, the tax impact of inherited retirement accounts, changing laws, Medicaid and long-term care uncertainty, and why retirement plans should be reviewed regularly as life, markets, taxes, and family dynamics change.

Join us every Monday at 5 PM EST on 103.9 L.I. News Radio to catch "The Senior Show," hosted by Neil Himmelstein and Tim Kennedy.

Catch episodes on YouTube, Spotify & Apple Podcasts.

For questions or planning help:

Neil Himmelstein - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.mainstreetplanninggroup.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Tim Kennedy - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://www.timtalksreverse.com/