If you are looking for ways to supplement your retirement income you have probably come across reverse mortgages in your search. If you researched further, you may have found a horde of information and opinions which left you skeptical and confused. This reverse mortgage solutions guide will help you get the facts you need to determine if a reverse mortgage may be able to help you achieve...

Once you reach retirement, you will likely be living off of your assets, investments, and savings for the rest of your life. In an ideal world you will be able to use dividends and interest to cover your living expenses and never have to tap into your principle investments. However, very few people get to experience this ideal situation. A reverse mortgage may be able to help you leverage the...

It is well known that reverse mortgages do not fit everyone’s financial situation. Who are reverse mortgages for? They can be an invaluable tool for individuals who are looking to supplement their income as they age. The three circumstances below are times when seniors should strongly consider getting a reverse mortgage. You are going to outlive your retirement savings. If you are concerned about...

Reverse mortgages offer senior homeowners financial security by allowing them to access a portion of their home equity. With a reverse mortgage seniors may be able to eliminate their monthly mortgage payments,1 pay off other debts,2 and gain extra cash. However, despite the many benefits a reverse mortgage offers there are pitfalls that can occur when borrowers fail to comply with the obligations...

If you are worried about outliving your retirement savings, you are not alone. The results of an ongoing analysis of American households by the Boston College Center for Retirement research report that half of US families will struggle financially in retirement.1 The National Retirement Risk Index is a tool that measures the percentage of working-age-households that are at risk of being unable to...