#33 Reverse Mortgages, Yoga In Strange Places and Insurance as an Asset
Jun 23, 2018
By Valerie Massie
Welcome to this episode of The Tonic, terrestrially broadcast on June 23 2018 on AM740 and FM 96.7 in Toronto. Topics covered on the show track the lifestyle articles and themes published in Tonic Magazine. This week we discuss reverse mortgages with Yvonne Ziomecki, yoga in strange places with Sari Nisker-Fox and Insurance as an asset with Larry Berdugo
We specifically discuss:
What is a reverse mortgage
CHIP Reverse Mortgage to consolidate debt
Why choose to get a reverse mortgage
Is a reverse mortgage for everyone?
Reverse mortgage vs line of credit
Staying in the home in the community
Mechanics of a reverse mortgage
Protections in place on reverse mortgage
Yoga In Strange Places
Can you do yoga anywhere?
Novelty of taking your practice out of the studio
Insurance As An Asset
Low Interest Rates on Investments
Insurance as an asset
Return on Investment
Thresholds for the investment
10 year investment
How is money invested?
Are investment moneys insured?
What other benefits are there?
For more information about show sponsor HomEquity Bank go here.
To read Sari’s articles in Tonic Magazine go here.