I remember reading a news post once about a man in Florida that was arrested in a Life Insurance scam. It had been estimated that he had stolen millions in Life Insurance money from our senior citizens. Just thinking about the story infuriates me, and inspired me to give a few pointers out to seniors…
Tag: lump sum
Seniors are using Reverse Mortgages to supplement their retirement incomes
Seniors are using Reverse Mortgages to supplement their retirement incomes. With 10,000 people turning 65 each day in the United States, many are turning to the Reverse Mortgage product from the FHA, to draw cash from their homes to enjoy life. A Reverse Mortgage is available to Seniors age 62 or more, who live in…