Over the weekend, Los Angeles Times columnist Kathy Kristof wrote about using a reverse mortgage to help offset the loss of retirees nest egg. She writes that if you’re worried about how you’ll pay the bills after seeing the market devour a chunk or your nest egg, you may be sitting on the solution: your home.
“Reverse mortgages can provide a lot of people with peace of mind because even when the market is down, you can secure lifetime income,” said Tony Garcia, president of LibertyStreet Financial Group, a reverse mortgage lender based in Carlsbad, Calif. To read the rest of the article click the link below.
Nest egg nearly gone? Reverse mortgage can provide the funds you need
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