Are These Good Reasons To Avoid A Reverse Mortgage?

Most of us are concerned about our retirement financial security. We have not saved enough. Healthcare is expensive. Social Security doesn’t nearly cover our costs. We are living long lives.

However, many of us do have one very big source of wealth. According to the US Census Bureau, 79% of older Americans own their homes. And, for most of us, our homes are — by far — our most valuable financial asset.

 

 

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