If you are a senior and want to stay in your home, what are your options? A reverse mortgage allows homeowners age 62 and older to convert part of their home equity into tax-free income without making them sell their home. Jean talks with AARP policy expert John Rother about how reverse mortgages can help provide financial security to the elderly in their retirement years.
The information provided here is general advice and you should always consult your own financial adviser before making major financial decisions, including investments or changes to your portfolio. The opinions expressed by the hosts, guests and callers to Oprah Radio are strictly their own.