Need $15,000.00 should I take out of my investments (about 150,000) or consider a reverse mortgage?

Terry Says:   Sorry, but it’s impossible to answer that question without knowing more details about your situation.  If you want to post again, I will agree not to share it if you request.  But really, those are tough choices.   There’s no reason to take out a reverse mortgage and pay all the fees and interest for the relatively small amount of $15,000.  But I don’t know your age and situation, and whether the money is coming out of an IRA or elsewhere that would cause a tax bite.  It’s difficult to advise.

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