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Retirement Planning > Retirement Investing

Reverse mortgages as retirement plans

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  • 16% – Percent of boomers who would consider a reverse mortgage to take care of their own long-term care needs and costs.
  • 74% – Percent of boomers who are aware they are eligible at age 62 to apply for a federally-backed reverse mortgage.
  • 25% – Percent of people born in 1946 who say they plan to move to another area for retirement.

Source: MetLife Mature Market Institute