Is a reverse mortgage ever a good idea?
Answers | 3
If you qualify, and would like to own your home without having a monthly payment, or maybe, RECEIVE a check each month, it can be a terrific financial tool. If you are wondering if you should explore one just because you're of qualified age, then it might not be.
Both stocks and bonds are both good ways to grow assets, but your portfolio needs to be a good match for your needs. Like any financial tool, a reverse mortgage can be a great piece of your planning. as long as it's taken on with a plan.