6 LIVE IT UP! FRIDAY, APRIL 28, 2017 SANTA CRUZ SENTINEL
F
or many members of e
Greatest Generation and
Baby Boom Generation
almost all their wealth is
in the equity that has built up in
their home over the years. Is this
wealth Safe from loss? Remem-
ber 2008? Is this wealth Liquid?
Can you spend it if you need it?
Does this wealth earn a Rate of
Return that can assist in monthly
expenses? e answer to all these
questions unfortunately is a big
fat NO!
Every day in America 10,000
people turn 65 years old. ey
all know the story of how many
times either the stock market or
the housing market took a turn
for the worst and affected their
retirement wealth and plans for
the future. And in 2008 it was
both the stock market and the
housing market on a world wide
scale. Now that retirement is
facing these same hard working
groups it may be time to protect
that home equity and lock it
into a program that can never be
reduced, frozen or taken away
no matter what the economy or
the housing market is doing and
it actually grows over time! is
may sound too good to be true
but I assure you that this is really
how the HUD Home Equity
Conversion Mortgage actually
works.
ere is one more part of this
HUD program that many home-
what if all
youR wealth
is in youR
home?
B y D o n a l D D i m i t r u k r F C ® , r m a
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831.476.6900
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SantaCruzFamilyDentistry.com
2016
C o n t i n u e s o n p g 7
