From his favorite show and first car to the best purchase he ever made, we get the scoop from Jim Cory, senior vice president at Live Well Financial.
My favorite vacation was my honeymoon to Fiji.
If I were a professional athlete, I would be a football player.
My first car was a 1977 Chevy Malibu station wagon, metallic jade green.
If I had three wishes they would be for unlimited wishes, and I’m not sure about the rest.
My favorite movie is Inglourious Basterds.
My favorite website is reversereview.com.
I never miss an episode of Game of Thrones.
When I was younger I wanted to be a firefighter.
Every morning I listen to loud music.
I can’t go without making puns.
When I was a kid I was super skinny.
My first job was greenskeeper at a private golf course, kind of like Bill Murray in Caddyshack.
My parents taught me how to stand up for my beliefs and put things in perspective.
My iPod go-to is Ludwig van Beethoven.
The best lesson I’ve ever learned was always put things in perspective.
The best purchase I’ve ever made was my wife’s engagement ring.
My favorite books are the Hyperion Cantos series.
If I could trade places with someone for a day, I would choose my bulldog, Petunia.
For success I have sacrificed world travel.
If I could time travel, I would go back and stop the creator of time travel.
I am optimistic about the reverse mortgage industry because the market of eligible borrowers is still growing and financial experts are starting to realize just how important this program is for retirement.
Reverse mortgage professionals can best support the public image of reverse mortgages by always doing the right thing by our potential and current borrowers. The reverse mortgage program is such an important part of retirement financing and we are its stewards.
Industry growth is dependent upon excellent leadership, product innovation, ethical advertising, sound regulation, efficient market participants and overall public acceptance.
The most important thing seniors should understand about reverse mortgages is if they foresee any chance that they’ll ever run out of money in their retirement, they should at least find out how a reverse mortgage would work for their situation.
I would encourage a family member to consider a reverse mortgage because you can tailor a reverse mortgage to meet your needs. Funds can be left to grow in the reverse mortgage or be used to pay off debt or increase income. The program is so versatile; it doesn’t mean you’re getting rid of your family’s ability to inherit your home.
