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Will Reverse Mortgages be the Salvation of Baby Boomer Retirees?

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24 pages14 minutes

Summary

Many respected studies indicate that up to half of the 67 million Baby Boomer generation have not saved enough for retirement. Many academic studies are already assuming that up to half of the Baby Boomers will utilize reverse mortgages to increase their retirement income. This short story explores the pros and cons of utilizing reverse mortgages to boost retirement income.

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