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New Reverse Mortgage Rules Open Door To A More Secure Retirement
(By - Jamie Hopkins, Forbes Contributor)
In April 2015, new rules have been implemented to help prevent previous miscues often associated with reverse mortgages. While it remains true that entering into a reverse mortgage is not a suitable financial decision for all retirees, for some, a reverse mortgage can be properly utilized to significantly improve retirement income security. This article will examine three different strategic uses of reverse mortgages within a retirement income plan and will illustrate how these strategies are for more than just the cash-poor, house-rich client. Read more…
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