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Property tax deferrals could free up additional retirement income
Many retirees are struggling, amid longer life expectancy, high healthcare costs and low interest rates, to live on their retirement income. Some retirees are turning to property tax deferrals, whereby you put off paying the taxes on your home, are available in certain cities and could free up additional income. According to the Center for Retirement Research, for some, deferring property taxes may be a more attractive option than reverse mortgage. Read article here…
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