Date: Thu, 3 Nov 2005 23:41:17 -0600
From: "bo peep"
Newsgroups: misc.invest.financial-plan
Subject: Re: Pay off house???????
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I'm in a similar situation, and I don't intend to do either! When I
turn 62 I plan to get a reverse mortgage. This will allow me to live in
my house for the rest of my life without making any further payments.
Plus, they will pay me to do this!
This is only suitable for someone who has no need to leave the house as
part of the estate, of course.
John Cowart
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