I’ve got a financial proposal that is probably going to surprise you. Take out a reverse mortgage at age 62, even though you don’t need the money. In fact, take it especially if you don’t need the money. There will never be a better time for people who want to use the strategy described here. […]
In today’s tough economy, Americans age 62 and older are realizing that a reverse mortgage can be an important part of their financial future. With limited or dwindling retirement savings, concerns about outliving their assets or just the desire to live more comfortably, increasingly savvy seniors are realizing the benefits reverse mortgages can offer.