As I’m sure you know, no two retirements are the same, which is why a reverse mortgage may be ideal for some and not for others. As you continue to explore your retirement options, remember to check Canadian sites, reverse mortgages in USA are quite different. Knowing the facts can help you decide whether a reverse mortgage will help you achieve a better retirement.
Despite providing homeowners with cash, and eliminating their monthly mortgage payments, reverse mortgages are not for everyone. Rather, they work best when they are used responsibly and sustainably as part of an overall financial plan to help you meet your specific retirement needs and goals.