“No way.” That is the #1 response I hear around the topic of reverse mortgages.
But we are coming to the end of tax time — when the idea of having access to a little extra cash would come in real handy! At some point in our lives sooner or more likely later — due to needing to pay for healthcare, caring for an aging parent, investing in a business or simply wanting a more secure “cushion” or “rainy day fund” — we will seek out ways to get our hands on more cash.
TGIF 2 Minutes with Kerrie Debbs, CFP 