Seniors-Investment-Income
Commit to Mortgage Freedom

Reverse Mortgage, Guaranteed Investment Certificates and Bank Term Deposits, and the Income Trusts Dilema

Because they pay Dividend Income, Investment Trusts and Income Trusts are perhaps the best source of Retirement Income at a 5% to 8% compared to the 3% generated from Term Deposits. Some Income Trusts guarantee the Principal. They all have superior tax advantages!!

SUBSCRIBE TO A FREE MONEY LETTER TO LEARN THE SECRETS OF THOSE Dividend Funds THAT DELIVER HIGHER LEVELS OF INCOME AT RISK LEVELS LOWER THAN MOST EQUITIES:

This first letter helps you to understand Dividend Investments better. Income Trusts could give you a regular Income also. Canadian Tax rules have ordered them to change their structure back to Corporate status by 2011. Indications are that the conversion back to corporations will not hurt you. But casual News Reports will hide that fact from you....They may even scare you. Click on the Link below to learn how to dramatically increase your monthly Retirement Income with some level of safety.
Send for the Report "Investing For Income". Don't let News Reports scare you! Get an expert opinion on the latest news reports on the Markets. No one knows whether we have started on a New Bull Market the New Year of whether the Great Bear Market started in 2007 has started nad will continue for years into the future.

Investing in Income Trusts and Financial Data from the Smart Mortgage Money Letter

Income to Seniors from Investment Loans

YOU CAN ACCESS THE EQUITY IN YOUR HOME IN ORDER TO CREATE AN INCOME. For Seniors who need cash now, here are the steps to Mortgage Refinancing - Refinance your mortgage at today's low rates. GMAC is one of the largest mortgage lenders in the US. Apply for a mortgage, compare loan programs and rates, refinance your current mortgage, and consider a home equity loan or line of credit. Our Credit Advisers will convert that cash into a steady income stream.

Consumers Retirement Money

The Reverse Mortgage, although popular, is usually not the best answer. An Insurance Annuity may be better, except for the current low interest rate environment. Forty year lows have held up far too long. And Annuity payments are lower when interest rates are low.

If, as a Senior, you previously depended on the GIC Returns for guaranteed income for living expenses and to pay down the mortgage you now have a serious problem. The solution is to find a reliable income source so you could safely live on the savings you built up in your home, over your lifetime. You need not restrict your goal to a debt-free home. Some debts incurred for the purpose of generating income may be considered good debt. Especially for a Senior, if your immediate need is income, then we cannot afford to be limited in finding the most efficient way to create that income.

You can use loans as good debt to a senior for income or for mortgage freedom purposes. You will see later on why this solution could be sound investing advice contrary to traditional standards for financial Planning advice. In some cases, especially creative cases, the usual straight line thinking does not always apply. Suggestions from the Home Equity Page, and the Insurance Investing Page could be beneficial to you a Senior in your search for ways and means to receive income to pay monthly bills or to pay your mortgage off sooner.

I’ll assume that you are house rich, but cash poor. As a Senior, without a full time job you have two conflicting needs. The first is the goal to pay off the mortgage on a lower level of income. We must face the inevitable fact of a limited lifespan. You are in a race against life's Time Clock. You cannot afford to run out of Money leaving any years of healthy living ahead of you.

The second conflicting goal is the deep-seated desire to leave some assets behind for the Children.

Your home is not yet your asset until you have removed the bank’s interest as a mortgage lender. How can you now pay down the mortgage on the reduced pension income and limited resources now at your disposal? The immediate solution is to separate confusing teachings about debt.

Our first step in the ACTION GUIDE to mortgage freedom is the “C = COMMITMENT”. That means your Commitment to give up all common beliefs about Debt, Loans, Lines of Credit, Mortgage Payments, Investments. Traditional beliefs, like old technology can become outdated. No one even thinks about the old telegrams anymore, because, the telephone, the pager the fax machine, the cellular phone and now the internet have relegated telex messages to the museums of developing communications technology.

In matters of finance, unfortunately, old ideas still carry validity and wisdom. Some basic principles are sound and must be followed. Others are Outdated, Old fashioned, Obselete.... How do we know which piece of ancient wisdom to follow and which ones to ignore? We must be smart!!

TO END EXCESS PAYMENTS ON MORTGAGES, DEBTS AND TAXES RIGHT NOW .... FOLLOW THIS LINK:

FAST CONTACT TO STOP MORTGAGE PAYMENT WASTE!!

Smart Money Post-Retirement Action Plan and
Investment Income For Seniors?

The exact nature of SMERP or SMIP, Smart Mortgage Investment Plan, must depend on several pieces of important data. First of all We must have a thorough understanding of the individual for whom we prescribe financial advice. That is why I would highly recommend you use a good Financial Planner to implement the ideas we recommend based on your prsonal data. That Advisor must understand and believe the strategies outlined here. Failing that, your fate will be relegated to those safe, Guaranteed Investments as financial solutions that every Bank's Loans Officer thinks are good for Seniors. But the statistical data already prove that those solutions deliver less than six chances out of 100 for success.

Having said that, I must warn about the practice of many, Seniors ME INCLUDED, to expect something for nothing. A good Financial Advisor is worth her weight in gold. Too often this profession is denigrated by Cheapskates who are looking for something for nothing. The commodity an Advisor has to sell is her advice, her time, her knowledge, her skills, her contacts. She will spend countless hours creating a fantastic financial rescue plan for the Financially Challenged. Then, the Challenged Creep would turnaround and pass on those in-house secrets to the competition with the hypocritical excuse that this was done to seek a second opinion. Second opinions are good. But they must not become an excuse for procrastination.

Post-Retirement Investment Income
Solutions for Seniors:

Some Investment Income solutions call on you to spend the money from your Retirement Savings or the Retirement Income Fund and still have an increased value for the sum invested. Here's one source for Seniors Investment Income. Some are satisfied with delivering income alone for the Senior. Then the principal sum may or may not remain intact. Data on the investment record for Mutual Funds organized as Income Trusts showed tolerable levels of performance prior to the recent turmoil in the Banking, mortgage, equity and investment markets. Following the drastic drops in the Market, Returns of 10% to 15% have been reported for some Dividend Funds and Diversified Funds and Balanced Funds paying an Income to Seniors. And this, when traditional Equity Mutual Fund returns still struggle to get out of the negative. If you were depending on the returns of the GIC or Term Deposit over the last five years as an Income source, you are not happy. At a 2.6% rate of return with interest payments fully taxed, your income cannot keep up with inflation. The math goes like this:-

GIC Returns = 2.75%
Inflation = 2.60%
NET RETURNS = 0.15%

If you pay taxes in those years, then you have been eating into your capital. YOU HAVE A NEGATIVE RETURN FROM THE GIC AND YOU DON'T EVEN KNOW IT!! .

SEND FOR THE REPORT on Seniors-Investment-Income THAT SHOWS "How To get Extra Income to pay the mortgage"
Read up on the published Articles from our Mortgage Specialists by following these links to Ezine Articles:

ALFRED FRASER, MA: MORTGAGE AND INVESTMENT ARTICLES !!

Other superior advantages come from using an Insurance Investment as the fast mortgage repayment vehicle. In spite of your advanced years, the insurance investment strategy may be quite suited to your circumstances. THIS REPORT WILL EXPLAIN !

To fully explore Insurance Investing and to fully appreciate the wealth of options that could work for you in spite of advanced years. SEND FOR THE FREE REPORT ON "Investment income Solutions for Seniors."

Seniors Retirement Income and
Income Trusts Resource Centre

With unconventional thinking, it is possible to use Good Debt to create an Income even for Seniors, So, Help is here. Regardless of the circumstances, whatever the challenge may be, Credit Advisers are trained to seek out a workable solution to your benefit as a Consumer. That includes finding an Income for Seniors from the equity in their home.

Call Toll Free: 1-866-686-7243
Vancouver Area: 604-730-6700

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