
‘I don’t think I’ll make it to 80’: I’m 70 and single. Do I take out a reverse mortgage or a home-equity agreement?
Summary
← LatestA 70-year-old single person is considering financial options for their home, specifically weighing a reverse mortgage against a home-equity agreement. They express concern about their longevity, suggesting they don't expect to live past 80. The person is seeking guidance on which borrowing option would be most advantageous given their situation and life expectancy concerns.