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Financial Planning

Welcome to the "Ask the Experts," Financial Planningsection, where you will find a series of Q&A videos that highlight frequently asked questions as it pertains to your finances and retirement income for your golden years.

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Here we will provide Q&A's as it pertains to what the costs are for retirement and what is sustainable. How to navigate Medicare. What is Long Term Care Insurance. What does it cost for Long Term Care, and so much more.

 

If you don't see a Q&A for what you're looking for, no problem.  Email your question to: compassandclockmc@gmail.com and we'll get that Q&A

"Ask the Expert," video created & uploaded to the website.

MEDICARE & INSURANCE SPECIALISTS

Having a lot of options is good, but making a choice can become overwhelming. With over 30 Part D Prescription Drug Plans and nearly 50 Medicare Health Plans available in the WestSound Region alone, many people find themselves not knowing where to begin. 

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What are the Different Medicare Plans

https://youtu.be/0qgClPLhB5Y

REVERSE MORTGAGES

A reverse mortgage is a mortgage loan, secured by home owners primary residence that enables the borrowers to a portion of the homes value based on the age of the youngest borrower, the appraised value of the home and the expected rate and required no monthly mortgage payment. The FHA Home Equity Conversion Mortgage has a minimum participation age of 62, there are proprietary reverse mortgage loans available for those as young as age 55 depending on State of residence.

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What is a Reverse Mortgage?

This Ask the Experts video is provided by Rebecca Rainsberger of American Advisors Group (AAG), 253-509-2340

https://youtu.be/Y6LeDoc7D_4

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Fact vs. Fiction. Debunking the Myths of Reverse Mortgages

This Ask the Experts video is provided by Rebecca Rainsberger of American Advisors Group (AAG), 253-509-2340

https://youtu.be/-S-L9Q8i0H4

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Understanding the Loan Process

This Ask the Experts video is provided by Rebecca Rainsberger of American Advisors Group (AAG), 253-509-2340

https://youtu.be/QjNalGw-bDE

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