Michael Friedman/Reverse Mortgages

Reverse Mortgage News:

The Biggest Fear during retirement is “running out of money.” According to the Boston College Center for Retirement Research, 53% of all households are "at risk" of not having enough to maintain their standard of living in retirement. A reverse mortgage lowers that risk. In the past, retirees relied on Social Security, pensions, and personal savings. In the future, retirees will require multiple income streams. A reverse mortgage can help older adults enjoy a more comfortable retirement.