Why do so many seniors still have a mortgage?


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EPISODE #700
MarketWatch: House-rich but Cash-Poor? A reverse mortgage could be your tax-smart salvation

For seniors who want to tap into the equity in their homes, reverse mortgages are an option. They can provide a convenient source of cash for those who are house-rich but cash-poor. And there can be a big tax-saving bonus. Here’s what you need to know about reverse mortgages, including the tax angle…

Other Stories:

  • Why do so many depression-era seniors still have a mortgage?

  • 3 Reasons to Reconsider Retiring in 2022.

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