Not exact matches
If waiting eight years sounds like too long of a period to go without any supplemental income from Social Security, consider
getting a
reverse mortgage to lessen your financial burdens
while waiting for Social Security or other assets to come to fruition.
While there are ways to
get out of a
reverse mortgage, it is best to think carefully before
getting into one in the first place.
Reverse mortgage — A financial plan for homeowners age 62 + that allows them to
get payments for their home each month
while still retaining equity until they pass away.
Reverse mortgage loans used to be thought of as a last - ditch effort to
get cash
while retired.