"Homeowners should not wait to get a reverse mortgage as costs often outweigh the benefits of doing so, particularly in relation to cash flow improvements and risks of future regulations."
"Obtaining a reverse mortgage as early as possible yields better financial outcomes, such as increased liquidity and tax efficiency, while allowing the line of credit to grow over time."
#home-equity-conversion-mortgages #financial-planning #retirement-strategies #reverse-mortgages #interest-rates
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