As our population ages, I am continually asked about the benefits of a reverse mortgage. Since a home is the average American’s largest investment and source of wealth, it makes sense that in retirement people may want to have that investment work even harder for them. As the newer trend of “aging in place” gains an even stronger foothold, tools to make this a viable option must be examined. Jamie Hopkins has some great advice on Forbes regarding how retiree’s can make a reverse mortgage a part of their retirement plan.
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