Is a Reverse Mortgage Right for You?  with Cheryl Scheidell

4-5-26 - Is a Reverse Mortgage Right for You with Cheryl from Barrett Financial

6-7-26 - Is a Reverse Mortgage Right for You with Cheryl from Barrett Financial

5-31-26 - Is a Reverse Mortgage Right for You with Cheryl from Barrett Financial

🎙️ Show Notes Is a Reverse Mortgage Right for You?

Host:Cheryl Scheidell
Guests:
Lydia Wiestma
Sheryl Keeme

Aging, housing, and financial planning are colliding faster than most families realize. In this powerful episode, host Cheryl Scheidell is joined by probate real estate expert Lydia Wiestma and housing data specialist Sheryl Keeme for a timely conversation about planning before crisis hits.

Together, they explore how legal preparation, housing decisions, and reverse mortgages can work together to support seniors, adult children, and families navigating longevity.

🏡 Reverse Mortgages as a Planning Tool

Cheryl opens the show by breaking down reverse mortgages in plain language, including:
Reverse Mortgage Basics — how they work and who they’re designed for
Reverse for Purchase — buying a home without a monthly mortgage payment
2nd Lien Reverse Mortgages — accessing equity while keeping a first mortgage

She explains why reverse mortgages are not a last resort, but rather a strategic planning option when used correctly and early.

⚖️ Legal Planning, Probate & Real Estate

Lydia Wiestma shares what she sees daily when families come to her office:
Missing or outdated powers of attorney
No trust or estate plan in place
Real estate tied up in probate delays
Heirs forced into rushed housing decisions

Lydia explains how proactive legal planning protects families, preserves assets, and prevents unnecessary court involvement.

📊 The Silver Tsunami: Aging by the Numbers

Sheryl Keeme brings perspective to the conversation with statistics that stop people in their tracks:
Today, there are roughly 930,000 to 950,000 Americans age 86
By 2031, that number jumps to nearly 9 million
By 2035—just four years later—it could reach 23 million

Sheryl explains what this means for housing availability, caregiving, social services, and why families must plan earlier than previous generations.

🎯 Key Takeaways for Listeners
Aging is predictable — crises are not
Legal, housing, and financial planning must work together
The family home can be part of the solution, not the problem
Education creates options; options create peace of mind

📞 Contact Information Cheryl Scheidell — Host

Reverse Mortgage Specialist
Phone: 480-817-4324
Email:cheryls@barrettfinancial.com
Website:ReverseMortgageAndBeyond.com

Lydia Wiestma — Guest

Probate & Trust Real Estate Specialist
Phone: (602) 363-1720
Email:Lydia@ArizonaPowerAgent.com
Website:ProbateRealtyHelp.com

Sheryl Keeme — Guest

Housing & Demographic Data Expert
📘 You can find Sheryl Keeme on Facebook by searching her name.

🎙️ Final Thought

This episode is a reminder that the Silver Tsunami isn’t coming someday — it’s already here. Families who plan early retain control, dignity, and choice.

If today’s conversation raised questions about housing, legal planning, or reverse mortgages, the best next step is to start the conversation — before a crisis forces one.

🎙️ Show Notes Is a Reverse Mortgage Right for You?
Host: Cheryl Scheidell Guests:
<ul data-start="330" data-end="419">
<li data-section-id="bgxvat" data-start="330" data-end="375">Lydia Wiestma</li>
<li data-section-id="1m3r5ed" data-start="376" data-end="419">Sheryl Keeme</li>
</ul>
Aging, housing, and financial planning are colliding faster than most families realize. In this powerful episode, host Cheryl Scheidell is joined by probate real estate expert Lydia Wiestma and housing data specialist Sheryl Keeme for a timely conversation about planning before crisis hits.
Together, they explore how legal preparation, housing decisions, and reverse mortgages can work together to support seniors, adult children, and families navigating longevity.
<hr data-start="893" data-end="896">
🏡 Reverse Mortgages as a Planning Tool
Cheryl opens the show by breaking down reverse mortgages in plain language, including:
<ul data-start="1030" data-end="1271">
<li data-section-id="1qwf46x" data-start="1030" data-end="1106">Reverse Mortgage Basics &mdash; how they work and who they&rsquo;re designed for</li>
<li data-section-id="1h7nl9a" data-start="1107" data-end="1186">Reverse for Purchase &mdash; buying a home without a monthly mortgage payment</li>
<li data-section-id="1uifi93" data-start="1187" data-end="1271">2nd Lien Reverse Mortgages &mdash; accessing equity while keeping a first mortgage</li>
</ul>
She explains why reverse mortgages are not a last resort, but rather a strategic planning option when used correctly and early.
<hr data-start="1406" data-end="1409">
⚖️ Legal Planning, Probate &amp; Real Estate
Lydia Wiestma shares what she sees daily when families come to her office:
<ul data-start="1532" data-end="1706">
<li data-section-id="1iyimqs" data-start="1532" data-end="1576">Missing or outdated powers of attorney</li>
<li data-section-id="16r74il" data-start="1577" data-end="1615">No trust or estate plan in place</li>
<li data-section-id="1i20607" data-start="1616" data-end="1659">Real estate tied up in probate delays</li>
<li data-section-id="6ksvg7" data-start="1660" data-end="1706">Heirs forced into rushed housing decisions</li>
</ul>
Lydia explains how proactive legal planning protects families, preserves assets, and prevents unnecessary court involvement.
<hr data-start="1834" data-end="1837">
📊 The Silver Tsunami: Aging by the Numbers
Sheryl Keeme brings perspective to the conversation with statistics that stop people in their tracks:
<ul data-start="1991" data-end="2176">
<li data-section-id="13o3vdg" data-start="1991" data-end="2057">Today, there are roughly 930,000 to 950,000 Americans age 86</li>
<li data-section-id="qz4l6v" data-start="2058" data-end="2114">By 2031, that number jumps to nearly 9 million</li>
<li data-section-id="tx9x0v" data-start="2115" data-end="2176">By 2035&mdash;just four years later&mdash;it could reach 23 million</li>
</ul>
Sheryl explains what this means for housing availability, caregiving, social services, and why families must plan earlier than previous generations.
<hr data-start="2328" data-end="2331">
🎯 Key Takeaways for Listeners
<ul data-start="2369" data-end="2597">
<li data-section-id="1ghl63t" data-start="2369" data-end="2410">Aging is predictable &mdash; crises are not</li>
<li data-section-id="1lojpeh" data-start="2411" data-end="2472">Legal, housing, and financial planning must work together</li>
<li data-section-id="815dg6" data-start="2473" data-end="2537">The family home can be part of the solution, not the problem</li>
<li data-section-id="1m8uz0f" data-start="2538" data-end="2597">Education creates options; options create peace of mind</li>
</ul>
<hr data-start="2599" data-end="2602">
📞 Contact Information Cheryl Scheidell &mdash; Host
Reverse Mortgage Specialist Phone: 480-817-4324 Email: <a data-start="2734" data-end="2762">cheryls@barrettfinancial.com</a> Website: <a href="https://reversemortgageandbeyond.com?utm_source=chatgpt.com">ReverseMortgageAndBeyond.com</a>
<hr data-start="2819" data-end="2822">
Lydia Wiestma &mdash; Guest
Probate &amp; Trust Real Estate Specialist Phone: (602) 363-1720 Email: <a data-start="2936" data-end="2963">Lydia@ArizonaPowerAgent.com</a> Website: <a>ProbateRealtyHelp.com</a>
<hr data-start="3020" data-end="3023">
Sheryl Keeme &mdash; Guest
Housing &amp; Demographic Data Expert 📘 You can find Sheryl Keeme on Facebook by searching her name.
<hr data-start="3159" data-end="3162">
🎙️ Final Thought
This episode is a reminder that the Silver Tsunami isn&rsquo;t coming someday &mdash; it&rsquo;s already here. Families who plan early retain control, dignity, and choice.
If today&rsquo;s conversation raised questions about housing, legal planning, or reverse mortgages, the best next step is to start the conversation &mdash; before a crisis forces one.

4-5-26 - Is a Reverse Mortgage Right for You with Cheryl from Barrett Financial

Is a Reverse Mortgage Right for You? with Cheryl Scheidell

In 1 playlist(s)

Is a Reverse Mortgage Right for You? with Cheryl Scheidell

Social links

Follow podcast

Recent clips