Dear Patriot,
Yesterday, we unpacked the financial and personal freedom that can come from downsizing your home. Today, we shift to a tool many retirees are pitched as an “easy solution” for cash flow: the reverse mortgage.
On paper, it sounds great—you get to stay in your home while pulling out equity in tax-free monthly payments or a lump sum. No repayments until you move out or pass on. Sounds like a win, right?
Click here to keep reading…
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Poll Of The Day
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Do you fully understand how reverse mortgages work?
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Fun Fact Of The Day
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As of 2024, over 85% of retirees eligible for reverse mortgages have never taken one—mostly due to confusion or fear of losing their home.
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American Retirement Insider
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