Will Reverse Mortgages rescue the Baby Boomers?
Many of today’s workers are at risk of having insufficient resources in
retirement. The reason for this gloomy picture is a rapidly changing
retirement landscape defined by a rising Social Security retirement
age, a sharp decline in traditional pensions coupled with modest 401(k)
balances, low saving rates, and longer lifespans. However, one
potential bright spot is housing equity...
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