Planned Senior Moments--Episode 14: Cheryl Scheidell

Understanding Reverse Mortgages with Cheryl Scheidell 

 

Join your host, Stephanie Russell on Planned Senior Moments as she welcomes Cheryl Scheidell from Barrett Financial to discuss the benefits and myths of reverse mortgages. 

 

In this episode, Cheryl provides a comprehensive overview of how reverse mortgages can be a valuable tool for seniors looking to age in place, covering key topics such as qualification, benefits, and practical uses. Whether it's modifying a home for safety, hiring in-home healthcare, or even using it as a wealth-building strategy, discover how this financial product can support seniors and their families. Don't miss this insightful discussion!

00:00 Introduction to Planned Senior Moments

00:41 Meet Today's Guest: Cheryl Scheidell on Reverse Mortgages

01:59 Understanding Reverse Mortgages: Myths and Basics

04:37 Using Reverse Mortgages for Home Modifications and Care

08:41 Reverse Mortgages as a Wealth Building Tool

12:49 The Process of Getting a Reverse Mortgage

17:10 Contact Information and Closing Remarks