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Using HECMs to Delay Social Security…It’s Complicated

Every now and then, you hear about someone using the strategy of obtaining a reverse mortgage as a way to cover their cash needs while they delay filing for Social Security. Yes, it does allow one’s eventual benefit to grow, but is it a wise strategy? Maybe, maybe not, as explained in an article posted on www.reuters.com by columnist Mark Miller. Read it here…

 

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