Can a Reverse Mortgage help you retire early?
Reverse mortgages were seen as a last-resort loan option for cash-strapped seniors but they have recently been re-thought by financial advisors as a retirement planning tool. Reverse mortgages are quickly gaining steam and home-owners are in the prime time for a reverse mortgage for two reasons: low interest rates & high home values.
These loans allow homeowners to hedge against future costs while providing income after retirement.
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