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For those approaching retirement and considering their financial outlook, the following information can help you decide if a reverse mortgage is right for you.
It's something a surprising number of people think will never happen to them. So what is the Independence Myth and why it is so dangerous?
June 15th is World Elder Abuse Awareness Day (WEAAD). In the United States alone, there are approximately 5 million cases of elder abuse, neglect, or exploitation reported each year. Among the many forms of elder abuse, the most prevalent by far is financial elder abuse.
A reverse mortgage, also known as a Home Equity Conversion Mortgage (HECM), is a type of loan that allows homeowners, 62 years of age or older, to convert part of their home’s equity into tax-free income.
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