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  2. Reverse mortgage pros and cons: What every senior ... - AOL

    www.aol.com/finance/reverse-mortgage-pros-cons...

    A reverse mortgage isn’t free money: The borrowing costs can be high, and you'll still need to pay for homeowners insurance and property taxes. Reverse mortgages can also complicate life for ...

  3. Life Insurance for Seniors: Is the Coverage Worth the Cost? - AOL

    www.aol.com/finance/life-insurance-seniors...

    According to its website, a 65-year-old female can expect to pay $41 to $64 a month for a $10,000 final expense insurance policy. Compared to the cost of a $500,000 20-year term life insurance ...

  4. Reverse mortgage: What it is and how it works - AOL

    www.aol.com/finance/reverse-mortgage-works...

    Origination fee – To process your HECM loan, lenders charge the greater of $2,500 or 2 percent of the first $200,000 of your home’s value, plus 1 percent of the amount over $200,000. The fee ...

  5. Reverse mortgage - Wikipedia

    en.wikipedia.org/wiki/Reverse_mortgage

    A reverse mortgage is a mortgage loan, usually secured by a residential property, that enables the borrower to access the unencumbered value of the property. The loans are typically promoted to older homeowners and typically do not require monthly mortgage payments. Borrowers are still responsible for property taxes or homeowner's insurance.

  6. Life settlement - Wikipedia

    en.wikipedia.org/wiki/Life_settlement

    A life settlement or viatical settlement (from Latin viaticum, something received before death) [1] is the legal sale of an existing life insurance policy (typically of seniors) for more than its cash surrender value, but less than its net death benefit, [2] to a third party investor. [3]

  7. AARP Member Benefits FAQs - AOL Help

    help.aol.com/articles/aarp-member-benefits-faqs

    An AARP membership gives you access to a wealth of valuable benefits, including: Everyday discounts on travel, personal health, dining and more. Tools that empower you – with everything from finances to healthy living. Exclusive products and services like dental, hearing, and cell phone plans. Additional spouse/partner membership at no extra ...

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