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How to make it, spend it, and invest it

23 Jul 2019

Mastering Money 7/23/19

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Post by MoneyRadio Staff

Reverse mortgages are widely criticized, but often they are a perfect fit for the right person or couple and are becoming more popular. Many people across the country and in Arizona have them. There are five signs when a reverse mortgage is a perfect fit, and there are five signs a reverse mortgage is not recommended. But for baby boomers entering retirement with ten to twenty years to go on a two hundred thousand dollars or more mortgage, a reverse mortgage could be a smart savvy move and a way to keep expenses lower while investing for more growth. Today, we’ll review the pros and cons of reverse mortgages, then experienced loan officer Mitch Boxberger with Nexa Mortgage joins us for the Q & A. Don’t miss today’s show…MASTERING MONEY is on the air!!