_home-loans-in-retirement-a-complication.jpg "Home Loans in Retirement. A Complication. from w2 security Video Screenshot Preview")
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⏲ Duration: 1 min 57 sec
✓ Published: 29-Mar-2022
✓ Published: 29-Mar-2022
Description:
What keeps retirees with $3 million in their investment accounts from getting approved for a home loan? The short answer is their debt to income ratio. Individuals often see a reduction in their monthly income in retirement as they transition from W2 income to living on Social Security and the drawing down of their investments.nnThis week, Tyler Schelhaas joins Market Perspective. He is a senior wealth manager at Vector and has been in the financial services industry since 2003. Tyler has found
What keeps retirees with $3 million in their investment accounts from getting approved for a home loan? The short answer is their debt to income ratio. Individuals often see a reduction in their monthly income in retirement as they transition from W2 income to living on Social Security and the drawing down of their investments.nnThis week, Tyler Schelhaas joins Market Perspective. He is a senior wealth manager at Vector and has been in the financial services industry since 2003. Tyler has found
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