Posts Tagged ‘advantages of a reverse mortgage’

Understanding The Black Swan… Thy Name is Retirement

Understanding The Black Swan... Thy Name is Retirement

Reverse mortgages can help us deal with the Black Swan event we're most familiar with today... the meltdown in home prices that began in 2007 and left tens of millions of American homeowners "underwater," or in other words, owing more... (Continue reading)

Was it worth it?  Yeah, to me it definitely was. (For you maybe the reverse is true.)

Was it worth it?  Yeah, to me it definitely was. (For you maybe the reverse is true.)

If you switch your traditional mortgage to a reverse mortgage and you miss a payment, no one cares... if you miss three payments, no one cares... want to take the whole year off and make no mortgage payments... perfectly fine...... (Continue reading)

Even with $2 million in the bank, you should still have a reverse mortgage

Even with $2 million in the bank, you should still have a reverse mortgage

Having saved $2 million in your retirement nest egg is a wonderful accomplishment, and if you've done so, you are to be commended. But, it does not mean that you have nothing to worry about when facing what could... (Continue reading)

Who Doesn’t Need a Back-Up Plan for a Secure Retirement?

Who Doesn't Need a Back-Up Plan for a Secure Retirement?

Maybe the wealthiest retirees can get by without taking out a reverse mortgage as a way to protect their financial futures, but for the rest of us... not having funds from a reverse mortgage available is what's risky. And... (Continue reading)