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HECMs as a Retirement Income Boost Explained
In a recent post, Mark J. Warshawsky, Senior Research Fellow at the Mercatus Center of George Mason University, takes an in-depth look at the Home Equity Conversion Mortgage (HECM), also known as the “reverse mortgage.” Warshawsky’s analysis sheds light on how the HECM works as a tool for retirees, and explains generally where it fits (and where it doesn’t fit) in retirees’ financial plans. Read his analysis here…
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