reverse mortgage Archives - Your Family Finances

Does a Reverse Mortgage Loan Make Sense for You?

Under the right circumstances, a reverse mortgage loan from an approved and respected lender can be a great way to improve your financial situation in retirement.

Many seniors, understandably, are intensely concerned with remaining independent for as long as possible in their golden years. A reverse mortgage provides the financial stability to stay in your home and maintain your independence for years. In this article, we’ll cover the basics of reverse mortgage loans, how they work, and how to know if one is right for you.

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Tricks to Help You Survive Retirement Financially

Retirement / By Tim McMahon

Financial advisers strongly recommend that before you consider retirement you should be debt free. After all, if you couldn’t pay your debts with a higher income, how will you be able to do so with a reduced retirement income? But sometimes things don’t work out as planned, perhaps you are forced to retire earlier than planned due to downsizing or health issues, so it’s a good idea to have a backup plan in place.

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Consider carefully before getting a reverse mortgage

Reverse Mortgages: A Lousy Investment that May Be a Good Source of Income

Retirement / By Dennis Miller

Can something be a “poor investment” but “not a bad idea”? In today’s article Dennis Miller looks at reverse mortgages and tells us that they can be exactly that. Although the odds may be stacked against you. To beat the odds check out today’s article. ~Tim McMahon, editor. Reverse Mortgages- One of the biggest challenges facing retirees is

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