Will you die with a mortgage? 10 reasons why more people will - GIC Wealth Management

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For Your Information Will you die with a mortgage? 10 reasons why more people will

Will you die with a mortgage? 10 reasons why more people will

Just hearing those words creates a visceral response among some who see it as a sinister product that drains fragile old people of their home equity…In fact, the catalysts for growth are so evident that I’ll go out on a little limb and make a prediction. Within a decade, one in ten senior homeowners will sign up for a reverse mortgage, and yes, many will take them to the grave.

Here are ten reasons why:

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