The TV commercials tell you to convert your traditional mortgage into a reverse mortgage, but is this really a good idea for you? It all depends on which of one of these two groups you fall into.
A creative way to pay for a kitchen remodel and new car
Here’s a creative way to pay for a car or home renovations if all your money is tied up in IRA’s or other kinds of retirement plans.
Fonzie, Fred Thompson and Finding retirement income in home equity
In this edition:
Have you seen the commercials with former senator and TV actor Fred Thompson and Henry “The Fonz” Winkler touting Reverse mortgages?
Recently I discovered a Retirement Income Strategy that makes a lot of sense. Part of the strategy might involve the use of a reverse mortgage.
Here’s how it works…