The Journal of Financial Planning recently published a detailed article on the baby boomer economy and retirement trends. As stated, there is a need in our economy to have alternative sources of retirement income for those who are retired, close to retirement and even those who are planning to retire in the next 30 to 40 years. Study shows that a person's home stores about two-thirds of their wealth, which means that one's home will grow in importance in relation to their retirement portfolio. A reverse mortgage works by tapping into the home asset to provide cash to help supplement retirement.
Learn more about how to use a reverse mortgage for retirement planning by visiting:
www.reversemortgagebenefit.com
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