June 19th, 2024 3:18 PM by Ken Morley
Statistics show a person waiting to take Social Security benefits until they are 70 years old versus 62 will have an increase in benefits of approximately 75%. If you would like to wait for the maximized benefit then a Reverse Mortgage could be the answer. With a reverse, seniors 62 and older can turn the equity in their homes into cash and/or a line of credit while they wait to access their Social Security benefits. Want to learn more? Give us a call at (303) 650-9400 to explore your options.