When my mother-in-law was 91 she was still driving, and living in her own home when she suffered a stroke. We insisted she move in with us and learned very quickly how challenging it can be to look after the needs of the elderly in the dignified manner they deserve and still keep the wheels of life moving.

At that time I was a Director of Mortgage Compliance at one of the 'Big Banks' and quite frankly unhealthy, overworked and most definitely under-appreciated. l Ieft that job and my wife and I set to figuring out how to care for my mother-in-law, arrange for help and look after her properly.

We had visited care homes in the past and were appalled. Not only were they expensive ($5000-7000/mo.), but sometimes the elderly would only see another human being a few brief times a day. I believe one can literally die of loneliness in some of these facilities.

It's a statistical fact that seniors that live in their own home near family, friends and familiar places live longer, healthier, and happier lives. And they deserve that don't they? However, if you're looking after someone else.getting help is critical. Otherwise, your own health may suffer or you may not know how to adequately meet the needs of looking after the person properly.

We were lucky that we found a way to make it work, and had the means to do so, but what if you don't have a family support network or even the 'know-how' to meet someone's specialized medical needs?

After my mother-in-law passed away, my wife and I spent time traveling, and then I decided to open up another mortgage brokerage (I had one many years prior). I decided that I would focus on alternative and reverse mortgages because everyone knows there are a millions of Canadians retiring and all levels of government have repeatedly done little more than make broken promises for decades to prepare.

You have to be ready to look after yourself and your loved ones and can't count on anyone else to do it.

If you own a home and you are over the age of 55 and own your home use it to buy some help and make your home work for you. Whether it be hiring a personal care work, gardener, house cleaners or even having meals cooked for you it all can be manageable. What are holding onto that equity for seriously?

A Revere Mortgage is essentially a 'Home Pension Plan'. You invest money into your home for years, it grows in value over time and you can withdrawal equity from it when you need it (retired or not).

Several regulated Canadian institutional lenders now offer different reverse mortgage products to meet different needs. It's hard to choose wisely. There are pitfalls to choosing the wrong product, term or option. There is a lot to consider. That's where we help and our assistance is at no cost to you.

Our website and our social media provides clear independent information on Canadian Reverse Mortgages to help you make suitable decisions. If and when you are ready to proceed a licenced Agent will provide advice and help you every step of the way to:

• - find the most suitable product for you

• - help you arrange your reverse mortgage

• - advise you when a reverse mortgage may NOT be right for you and suggest a different product/solution

• - and NEVER charge a fee for helping you arrange a reverse mortgage.

I hope you reach out to us and let us help you explore your options.

Best regards,

Peter Fabry B. Comm.

Licenced Mortgage Broker and Financial Services Underwriter

289-312-6333 peter@rewindmortgage.ca