The Senior Show – Social Security, Home Equity & Using the Right Retirement Tools – S1E23

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

In this episode of The Senior Show, Neil Himmelstein returns with Tim Kennedy for a discussion on Social Security, retirement income, home equity, and the importance of using the right financial tools for each situation. They talk about Social Security funding challenges, why retirees should not rely on Social Security alone, and how Roth accounts, life insurance, and reverse mortgage lines of credit can provide tax-efficient sources of liquidity. The conversation also covers Long Island homeowners facing capital gains and housing affordability issues, using reverse mortgages to purchase a second or downsized home, jumbo reverse mortgages for higher-value properties, and why professional advice matters when evaluating life insurance, annuities, reverse mortgages, and other retirement planning strategies.

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/