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Reverse mortgage may prove wiser than annuities for some

Story date: 2007-09-22 09:55:00
Added on: 2007-09-22 23:00:19


Memphis Commercial Appeal - Dear Bruce: I need help. I am a 75-year-old widow with little income. My modest home is paid for. I have $40,000 in CDs, but interest rates are dropping to the point where I can't live on the small checks anymore. I have had several salesmen trying ...


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