I’m a 63 year old widow with $1.1 million in my 401k and I just retired – should I consider a reverse mortgage?
- Posted on December 8, 2025
- By Yahoo News
- 2 Views
I’m a 63 year old widow with $1.1 million in my 401k and I just retired – should I consider a reverse mortgage?
Reverse mortgages can make a lot of sense for many retirees who could use a bit of a cash jolt. Undoubtedly, there are potential downsides to consider before even thinking about signing a contract. For such a complicated move that’s not free from risks, the advice of a financial adviser is an absolute must. In ... I’m a 63 year old widow with $1.1 million in my 401k and I just retired – should I consider a reverse mortgage?