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Is a Reverse Mortgage Right for You?
A reverse mortgage allows senior homeowners with sufficient equity to use their home as collateral for extra income during retirement. It can be a great tool under the right circumstances, especially if you need cash for something like medical bills or an unexpected home repair. Still, a reverse mortgage won’t be right for everyone. Read on to learn more about whether you should investigate this option for yourself.
Image via Unsplash/Tetiana SHYSHKINA