For many years reverse mortgages were broadly considered a loan of last resort. But as these financial vehicles have become more mainstream, and financial advisors have begun giving them a second look, a new criticism has emerged: they are yet another way for the rich to get richer. Neither categorization is entirely accurate. However, looking at them…

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There was a time when saving for retirement was primarily about investing in a 401K or IRA.  If you were lucky enough to have worked for a company for a long time, you may also receive a pension. You also would get a little bit of income from social security. I know for people like…

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