I received a wonderful offer in the mail informing me the government had approved a stimulus package where people 62 and older could receive money today and pay it back "after they are gone."
Although a bit distracted by the label "senior," and the warning that this might be my last "bite at the apple" to get money out of my house, I was impressed by the acknowledgment that I would still be doing things "after I was gone." And I admit, the enclosed sample check for $108,590 and the opportunity to "enjoy my golden years with financial independence were enticing.
Play now, pay later. Yes, the letter went on to say, my stimulus would have to be repaid, but not to worry. After I croaked, the already 100-year-old house would be sold, taxes, fees, and interest paid, and remainder (?) passed on to my heirs.
Not being savvy on the wisdom of reverse mortgages, I was surprised to see I agreed with several points in this solicitation:
Yes, there is an afterlife, and I expect to still be doing things "after I am gone."
And yes, there are consequences for what we do now, and a day payment is due.
And yes, others are affected by our choices.
But no, I do not want to leave my children the wreckage from a life lived carelessly.
Hoping not to stretch the analogy too far, I propose that Jesus has given me a kind of reverse mortgage on my life. He has paid my debt in full by canceling out the certificate of debt consisting of decrees against me. (Col. 2:14) No longer do I have to live under the burden of never being able to repay my debt.
And no longer do I have to leave my children the ashes of a life lived carelessly. By God's grace, I can leave a legacy of works of faith, labors of love, and steadfastness in our Lord Jesus Christ. (1Thess.1:3)