Reverse Mortgages: A viable option for Baby Boomers?

According to The Pew Center for Research roughly 10,000 Baby Boomers will turn 65 today, and about 10,000 will turn 65 every day for the next 19 years. That means more and more home owners are approaching retirement and considering their options when it comes to their homes. Reverse mortgages are a financial option for homeowners but there’s a lot involved and it’s especially important that the children of these Baby Boomer homeowners understand the ramifications of reverse mortgages. To learn more, follow this link to an article in the NYT’s online real estate section.
Baby Boomer Photo


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