I’m 75 and have a reverse mortgage. Should I pay it off with my $200K savings — and live off Social Security instead?

I’m 75 and have a reverse mortgage. Should I pay it off with my 0K savings — and live off Social Security instead?



I’m 75 and have a reverse mortgage. Should I pay it off with my $200K savings — and live off Social Security instead?
“I could live on my Social Security alone, as I wouldn’t have a house payment if I paid off the reverse mortgage.”


www.marketwatch.com
#reverse #mortgage #pay #200K #savings #live #Social #Security

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