When the market experiences a downturn early in your retirement, when you’re no longer contributing to your retirement accounts and you’ve begun to take withdrawals, it can be tough to recover from a major loss.
Kiplinger published an article entitled, "Hey Retirees - Looking for a Tax-Free Source of Income?". The article, written by a financial planner, discusses how the intelligent use of a reverse mortgage, particularly a federally insured home equity conversion mortgage (HECM) line of credit, could extend an individual’s or couple’s retirement resources in a way that more traditional strategies cannot.
A HECM can help improve your financial retirement and allow you to stay in your home. Learn more at:
Mid America Mortgage, Inc.
We’re all flooded with stories, articles and 24x7 news so much that it’s becoming harder to quickly find relevant and well thought out content. So, I hope my Blog will accomplish that, and provide only high value reading and insight around the topic of reverse mortgages. Ultimately, it’s up to you to educate yourself on the topic and determine if a reverse mortgage is a good strategy for your financial retirement. Please enjoy the articles and I hope you learned something during your visit here. Cheers!