When people retire, they may have trouble making ends meet. According to a survey by Bankrate that was reported by CNBC, 65 percent of Americans have very little or nothing saved for their retirements, leading more than half to struggle during retirement. One option that many older adults might have available to them to help them to make ends meet during their retirement years is a reverse mortgage. Eligible homeowners may be able to use the equity in their homes to supplement their retirement incomes.
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