If you’re retired or approaching retirement, you’ve probably accepted your annual RMD — Required Minimum Distribution — as part of the deal. But what happens when you need more income than your RMD provides?

That’s a common scenario. And often, retirees assume they don’t have a choice — so they make additional withdrawals without fully considering how it might affect the long-term success of their plan.

Withdrawing more than the minimum from your IRA or 401(k) can lead to:

> Higher income taxes
> Increased Medicare premiums
> A greater portion of your Social Security being taxed (yes, even in your 70s!)
> And over time, reduced portfolio longevity

No one knows how long their savings will need to last, so preserving assets becomes just as important as generating income.

Here’s where a reverse mortgage deserves consideration. If you’re 62 or older and own your home, a reverse mortgage can provide access to proceeds that are not considered taxable income. That means you can meet some of your income needs without increasing your taxable distributions.

This strategy doesn’t replace your portfolio — it helps you better utilize and protect it. By tapping into your home equity strategically, you can reduce the pressure on your investments, allow for market recovery, and better manage your tax exposure over time.

Used correctly, a reverse mortgage can be a powerful contributor to helping your savings last as long as you do. If you’ve been drawing more than your RMD and wondering about the long-term impact, it may be time to look at all your options.

Let’s have a conversation so you can better understand how a reverse mortgage could be incorporated into your financial plans.

📞 Call Clay Selland at 925-807-1503
💻 Or visit: https://www.signetmortgage.com