ABOUT HOSTS

Joe Anderson
ABOUT Joseph

As President of Pure Financial Advisors, Joe Anderson has led the company to achieve over $2 billion in assets under management and has grown their client base to over 2,160 in just ten years of the firm opening. When Joe began working with Pure Financial in 2008, they had almost no clients, negative revenue and no [...]

Alan Clopine
ABOUT Alan

Alan Clopine is the CEO & CFO of Pure Financial Advisors. As CEO he currently leads Pure Financial Advisors along with our executive team. As CFO he is responsible for the financial operations of the company. Alan joined the firm about one year after it was established. At that time the company had less than [...]

Find out how much income you can get out of a reverse mortgage, taking into account your age, line of credit, lump sum and lifetime yearly payments.


0:36 “A line of credit means you can take the money when you want to, you don’t have to take it all at once”

0:42 “[Line of credit] is the most flexible because you can take a partial lump sum now, you could get a payment stream later, and also you could take another lump sum at another point in time”

1:01 “[Lifetime yearly payments] are not indexed for inflation”

1:20 “When you actually take out this mortgage, depending on your age, it’s going to be dependent on what you can take and the value of your home”