Cost-of-Living Adjustment Not Enough for Retirees

November 22, 2022

This study by The Motley Fool found that despite the recent Social Security cost-of-living adjustment increase, many retired Americans say that it isn’t enough. Key findings ranged from feeling the effects of inflation on their daily expenses, a gender wage gap and the worry about the longevity of the Social Security benefits program.

With these results in mind, a reverse mortgage may be an option that can help alleviate financial worries for senior homeowners who fall into this spectrum, and potentially offer an added sense of retirement security.

Find out more about reverse mortgage options on the Plaza Home Mortgage® website, and reach out to us at Reverse@plazahomemortgage.com. Let’s explore adding this strategy as another option for your borrowers and your business.


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