How To Use A Reverse Mortgage To Fight Inflation
Important facts When inflation concerns grow, many retirees worry about their purchasing power. Home Owner Retirees may consider a reverse mortgage for inflation protection, most financial experts agree. When Opening a reverse mortgage line of credit early and allowing it to grow may offer a buffer for future retirement expenses. Many older Americans worry about […]
A new type of reverse mortgage can help retirees generate larger incomes
Reverse mortgages can be a powerful financial tool in retirement — especially as more Americans age in place. But the product’s design today isn’t meeting many borrowers’ needs. By design, reverse mortgages are meant to make retirement easier — and keep people in their homes. Nelson Haynes, who worked at Deering Savings & Loan in […]