The Reverse Mortgage Association is an association that is dedicated
to helping you regain your financial independence in your old age.
Just because you retire and switch your income to social security,
your savings account, or the 401k that you set up while you were
still working does not mean that you have to live a lifestyle of
frugality. There is simply no reason why you have to start getting
cheap about everything you purchase simply because your finances
have switched over to a fixed income. If you want to keep your
financial independence and you are over the age of sixty two, then a
reverse mortgage from the Reverse Mortgage Association may be just
what you need to keep yourself afloat.
Far too often, many people decide that they finally want to retire
and then one of two things happens. They realize that they did not
have enough money to retire in the lifestyle that they wanted íV so
they go back to work. On the other hand, a person may retire and
live a life of luxury for five or ten years and then succumb to
increased financial burden for one reason or another íV forcing them
to return to the workforce. But the Reverse Mortgage Association
does not want you to fall into that same retirement trap.
With a reverse mortgage you can have the bank pay you for your house
(which you keep living in as long as you want) and you will have a
nice, new, steady flow of money that can greatly help you pay for
the activities you enjoy and cover for any unexpected bills. This is
the advantage of a reverse mortgage from the Reverse Mortgage
Association íV you get a steady cash flow from the bank and you get
to keep living in your house as long as you want.