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I’m 75 and have a reverse mortgage. Should I pay it off with my $200K savings — and live off Social Security instead?

“I could live on my Social Security alone, as I wouldn’t have a house payment if I paid off the reverse mortgage.”

Jun 16, 2025 - 12:36
 0
I’m 75 and have a reverse mortgage. Should I pay it off with my $200K savings — and live off Social Security instead?
“I could live on my Social Security alone, as I wouldn’t have a house payment if I paid off the reverse mortgage.”
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