S3: Episode 5- How Seniors Can Choose a Reverse Mortgage to Fund Care

S3: Episode 5- How Seniors Can Choose a Reverse Mortgage to Fund Care

From Dr. G at the Heart of Healthcare by Kaishauna Guidry, MD, HMDC

September 28, 2025 · 18 min · Season 3 · Episode 5

About this episode

This episode discusses how seniors can utilize reverse mortgages to fund their care, featuring guest David Patrick Paget.

Show notes- Mourning Dove Medical Presents Dr. G at the Heart of Healthcare Guest David Patrick Paget - Canadian moved to the USA as one of eight kids in 1960s - Previously a Coca Cola truck driver - Real estate experience from Rancho Cucamonga to French Valley in 1999 - Enjoys wine touring in Temecula https://gogrape.com Mission-Educate & Empower in three parts, helping listeners ‘SEE’ what’s needed to navigate the healthcare system. 1. Story (theme) David is on a fixed income as a senior citizen collecting social security, he supplements by hosting wine tours. Money matters during the late stages of life. Many seniors have a nest egg built by the equity of their family home, a portion is an asset for funding care. 2. Educate (Teaching points) - How to find brokerage - Timing 25-30 years (small or no mortgage) - Paid when house sells - Home equity is paid out by investors - Misconception you will loss your house - If married one spouse must occupy the property - Consider creating a living trust - Counseling required for senior citizens, before the process begins - Better than an equity line of credit 3. Empower -A valuable a resource https://www.c2financial.com Website info…

People in this episode

Host: Kaishauna Guidry, MD, HMDC

Guest: David Patrick Paget

Topics covered

  • reverse mortgage
  • senior care funding
  • home equity
  • financial planning
  • healthcare navigation

Keywords

  • reverse mortgage
  • senior citizens
  • home equity
  • financial advice
  • healthcare system

Mentioned in this episode

Organizations: Mourning Dove Medical, C2 Financial

Places: Rancho Cucamonga, French Valley, Temecula

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