Bricks & Mortar

Many people for many years, have been carrying $20 – $50K and perhaps more, in credit card debt at 20%, and yet when it comes to a reverse mortgage at 4% it is seen as expensive…I know, I get it! 😉

I would say that for most of us, we are concerned about having any low-cost debt in retirement. But let’s face it, a government pension can only stretch so far, and we can’t eat bricks and mortar! A reverse mortgage can be a true life saver. Taking SOME of the equity out of that brick and mortar and turning it into tax free money that you can use to make yourself a more comfortable retirement. Think about it….what a huge stress relief! 🙂