I own a $5 million house in Miami - should I do a reverse mortgage for more income?
Briefly

The retiree grapples with a financial dilemma, as his luxurious lifestyle exceeds his income streams, despite holding a net worth of $11 million.
Considering a reverse mortgage to maintain his lifestyle, the retiree must weigh the high costs, accruing interest, and potential impact on his daughter's inheritance.
Read at 24/7 Wall St.
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