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EPISODE #698
Suze Orman says don’t take a reverse mortgage in your 60s
Celebrity financial commentator Suze Orman has always had much to say about reverse mortgages. Editorials24 summarizes her recent financial advice on money mistakes to avoid, and one is to not get a reverse mortgage in your 60s…
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2 Comments
Hey Shannon, let’s send a message to Suzie Orman letting her know:
Some people have the belief that a reverse mortgage is a loan of last resort. This is WRONG. This way of thinking can rob seniors/older adults of years of financial wellness. People are living longer but not increasing the accumulated wealth needed to support a longer life of retirement.
She is not my favorite.
Michael Friedman
Don’t waste your time. Size has heard it all before. Being against reverse mortgages helps her marketing efforts.