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Your retirement move - three paths, one right answer for you

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{{example.name}} (ages {{example.ages}}) bought in {{example.boughtYear}} for {{example.origPrice}}. Home is now worth {{example.valueNow}}, no mortgage. After ~{{example.sellingCosts}} in selling costs, they walk away with {{example.netProceeds}}. Which path fits your goals?

Net proceeds (illustrative) {{example.netProceeds}} Gain {{example.gain}} - Section 121 exclusion {{example.taxExclusion}} = ~{{example.taxableGain}} potentially taxable. Not tax advice - see a tax advisor.
Factor Path A - Buy Cash (Forward) Path B - Forward Mortgage Path C - H4P (Reverse, 62+)
Next home price {{example.nextPrice}} {{example.nextPrice}} {{example.nextPrice}}
Down / purchase outlay Full {{example.nextPrice}} (cash) Required down (forward) Partial down (H4P)
Proceeds freed up {{example.cashKept}} {{example.fwdKept}} {{example.h4pKept}}
Monthly mortgage P&I None - bought cash Monthly P&I applies (illustrative; see your analysis) None - no required P&I
Monthly housing cost (taxes/ins/HOA) ~{{example.ownMonthly}}/mo ~{{example.ownMonthly}}/mo + P&I above ~{{example.h4pMonthly}}/mo (same - no P&I)
Qualifies on retirement income/assets? No lender - no qualifying needed Yes - asset depletion or documented retirement income Age 62+ required; HUD counseling required
Own the next home? Yes - outright Yes - with a forward loan Yes - title in your name; balance grows over time
Equity to heirs Full remaining equity Equity minus loan balance Reduced - H4P balance grows, lowering heirs' equity
Best when... You want zero debt, full simplicity, and maximum home equity for heirs You want more proceeds freed up for retirement while keeping a payment manageable on retirement income You are 62+, want no monthly P&I, and freeing the maximum proceeds for retirement is the priority

Four questions to find your path

1
Do you want to eliminate a monthly mortgage payment?

Path A (cash) and Path C (H4P, 62+) both eliminate P&I. Path B carries a forward mortgage payment, qualifying on retirement income or assets.

2
How much would you like to free up for your retirement plan?

Path B frees {{example.fwdKept}}. Path C frees {{example.h4pKept}} (62+ only). Path A frees the least - {{example.cashKept}} - since the full price goes to the home.

3
Are you 62 or older?

Path C (H4P) is only available at age 62+. Paths A and B are available at any age and qualify on retirement income or documented assets.

4
What is your legacy goal?

Path A preserves the most home equity for heirs. Path B preserves equity minus the loan balance. Path C (H4P) reduces heirs' equity as the balance grows over time.

Freed-up proceeds and your retirement plan: Proceeds not used for the next home can be put to work in your retirement plan. Our co-host {{guest.name}} ({{guest.role}}) covers options without recommending any specific product. The loan officer quantifies the proceeds; your financial professional helps decide what to do with them. {{guest.disclaimer}}
Scan for your personalized retirement move analysis

See your own numbers - free

We run your personalized retirement move analysis: net proceeds, three paths side by side, and your freed-up proceeds picture.

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{{compliance.pendingLabel}}   Equal Housing Opportunity. {{lo.company}}, NMLS #{{lo.nmls}} (Company NMLS #{{compliance.companyNmls}}). Figures and the example household are hypothetical and for illustration only; not an offer, quote, or guarantee. Appreciation, income, and tax treatment vary and are not guaranteed. This co-marketed seminar is cost-split by fair market value of promotion per RESPA; no party pays for referrals. Consult a tax advisor. NMLS Consumer Access: www.nmlsconsumeraccess.org. References to a reverse mortgage or HECM for Purchase (H4P) are educational and illustrative only and are not an offer or commitment to lend; a HECM is an FHA-insured loan available to eligible homeowners age 62 and older; the loan balance grows over time as interest and fees are added, reducing the home equity available to you and your heirs; borrowers must continue to pay property taxes, homeowners insurance, and any HOA dues and must maintain the home; a HECM is a non-recourse loan; independent HUD-approved counseling is required before you apply; this material is not provided by or approved by HUD, FHA, or any government agency. Home-sale and capital-gains figures are hypothetical illustrations only and are not tax advice; the Section 121 primary-residence gain exclusion is subject to ownership, use, and dollar-limit rules and may not apply to your situation - consult a qualified tax advisor about your own circumstances. References to freed-up proceeds and retirement planning are general and illustrative; specific investment, annuity, and retirement-income topics are presented by the independent financial professional shown and are not products of, offered by, or endorsed by CrossCountry Mortgage, LLC; CrossCountry Mortgage does not recommend the sale of a home to purchase any investment or insurance product.