If you own a house but feel cash strapped after retirement, a reverse mortgage lets you unlock its value without selling it.
What is a reverse mortgage? A reverse mortgage is a home loan that allows people ages 62 and older to borrow against their ...
The typical homebuyer may not be the young family or peak earner you expect. In fact, the largest group of homebuyers is at or beyond retirement age, according to the National Association of Realtors.
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How retirees are turning homes into cash flow
You can use money from a reverse mortgage for everything from gas to home renovation projects.
Jay Nauta is recognized for outstanding performance and dedication to reverse mortgages in Florida. JACKSONVILLE, FL, ...
Using retirement account money this way isn't a simple decision. Here's what you want to consider.
These days, retirees aren’t walking into the same golden years their parents once enjoyed. In fact, one financial adviser characterized the transition as stepping into a “pressure cooker.” “Inflation ...
Sara is an experienced writer, editor, and project manager who specializes in personal finance, news, and lifestyle content. A journalist with more than two decades of experience, Sara has served as ...
At first glance, paying off your mortgage before retirement seems like a no-brainer – after all, who wouldn’t want to enter retirement with no monthly housing payment? Yet ask three CPAs or financial ...
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