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Reverse Mortgage: A Widow’s Best Friend? with Harlan Accola
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:24:57
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Sinopsis
Could a reverse mortgage be a widow’s best friend?Since women typically outlive men, many will one day carry the financial load alone. Today, Harlan Accola joins us to explain how reverse mortgages have changed and why they can offer widows stability, dignity, and confidence for the years ahead.Harlan Accola is the National Reverse Mortgage Director at Movement Mortgage, an underwriter of Faith and Finance. He is also the author of Home Equity and Reverse Mortgages: The Cinderella of the Baby Boomer Retirement.The Longevity ChallengeMany people still carry outdated assumptions about reverse mortgages. Some believe they’re risky or predatory—especially for widows. However, over the years, these products have undergone significant evolution, incorporating new safeguards that make them a secure and compassionate option for many older adults, particularly surviving spouses.Women tend to outlive their husbands, often by several years. That creates what financial professionals call longevity risk—the challenge of s