Get smart with your money
By Liz Weston
The millions of Americans who haven’t saved enough money for retirement still have a potential safety net: their home equity. But recent changes to reverse mortgages mean seniors and their families may have tougher decisions to make.
In my latest for the Associated Press, the changes to reverse mortgages that are causing people to think twice.
Many financial planners view reverse mortgages as a last resort—expensive and unwise except for those…
Dear Liz: I have been a reverse mortgage specialist for the last 12 years and…
Dear Liz: You’ve written about the potential financial flexibility and options for preserving quality of…
Dear Liz: I have had a reverse mortgage on my condo since 2009, due to…