| Reverse Mortgages Are A Last Resort (2006-08-21) |
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marotta
Senior Member
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| Reverse Mortgages Are A Last Resort (2006-08-21) |
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Reverse Mortgages Are A Last Resort (2006-08-21)
by David John Marotta
A reverse mortgage should be considered only as a last resort. With early retirement planning, such ‘last resort’ options can be easily avoided.
Read the complete column at http://www.emarotta.com/article.php?ID=192
David John Marotta
Marotta Asset Management, Inc.
Fee-only Financial Planning
http://www.emarotta.com
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Tue Aug 22, 2006 10:16 pm |
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go2self
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Location: hawaii
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So true...
unless of course debilitating illness forces you to legally remove assets, at least 7 years prior, at less than fair market value from your name so that you and/or your spouse qualifies for medicare/medicaid assistance needed for a very long term and costly medical battle.
other than that proper long term care planning is imperative
Time is our most volatile resource that if not used immediately is lost instantly
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Thu Aug 31, 2006 3:24 am |
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