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Reverse mortgages: An overlooked retirement planning toolConsider a reverse mortgage as a tool in your retirement planning, not as a last resort. Consider using a reverse mortgage to eliminate existing mortgage payments and free up cash flow.
A reverse mortgage is a loan available to homeowners ... This reserve of dollars allows for different types of retirement income planning strategies, many of which we covered in earlier articles.
A reverse mortgage is a loan available to homeowners ... has bolstered the reputation of reverse mortgages as part of sound retirement planning. Studies led by experts like Dr. Wade Pfau show ...
They both know what many in the financial planning community are beginning to learn—obtaining a reverse mortgage at age 62 creates a more efficient retirement outcome. “A reverse mortgage is ...
Many of those boomers who are homeowners could be overlooking an untapped asset when retirement planning. If you have significant home equity, a reverse mortgage may be a way to bring in some ...
Supplements your retirement income. A reverse mortgage can provide a steady stream ... and heirs before going down this route. You’re planning to move or downsize soon. If you don’t intend ...
Seniors approaching retirement (ideally ... says if a client told him they were planning to move in three years, he’d advise them against a reverse mortgage. But if you’re part of the 88% ...
To avoid complications, it makes sense to work with a financial advisor who specializes in retirement planning, who can help you structure how you receive and use your reverse mortgage funds.
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