QUESTION:

Medical retirement not by my choice at age 60

I am only 60 and to young for a reverse mortgage but it is because I have terminal cancer and cannot work at all anymore. Do they have any help for that??
asked by duke1947, 5/17/2008
Categories: Mortgage Refinancing, Reverse Mortgage, Reverse Mortgages, Social Security, Early Retirement
ANSWERS:
Answered by: Editorial, 05/17/08
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I am very sorry to hear of your situation.

There are a few options available that you might not have heard of nor considered:

Life Settlements: If you have a life insurance policy, this might be an option: https://www.newretirement.com/Services/Life-Settlement.aspx

Home Equity Conversion: https://www.newretirement.com/Services/Home_Equity_Conversion.aspx

Downsizing/Relocation: https://www.newretirement.com/Services/Relocation.aspx

You may also want to explore government benefits. www.benefitscheckup.org might be able to help you learn of options.

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