Will Reverse Mortgages be the Salvation of Baby Boomer Retirees?

The last few years I have been exploring all aspects of retirement planning. One area that has intrigued me is reverse mortgages and the Baby Boomers. Many respected studies indicate that up to half of the 67 million Baby Boomer generation have not saved enough for retirement. Many academic studies are already assuming that up to half of the Baby Boomers will utilize reverse mortgages to increase their retirement income. This short story explores the pros and cons of utilizing reverse mortgages


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