Columnist Liz Weston encourages seniors near the age of 70 to delay taking Social Security benefits until they reach that age, saying that “other resources” may be beneficial in delaying the taking of benefits. She has previously mentioned home equity as one such option.
For seniors seeking options after prioritizing mortgage payments over retirement savings, finance columnist Liz Weston offers some ideas including a reverse mortgage.
A reverse mortgage is one possible option for a person aged 62 or older who has experienced a job loss as a result of the COVID-19 coronavirus pandemic, but the viability of the option is highly dependent on the individual situation of the senior in question. This is according to Liz Weston, a certified financial […]