Suze Orman says don’t take a reverse mortgage in your 60s


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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

Michael J Friedman December 1, 2021 at 6:53 am

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

Reply
RM Advisor December 2, 2021 at 3:45 pm

Don’t waste your time. Size has heard it all before. Being against reverse mortgages helps her marketing efforts.

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