That reverse mortgage scheme the government is about to re-announce, how does it work?
By Colin Zhang, Lecturer, Department of Actuarial Studies and Business Analytics, Macquarie University
Ning Wang, Associate Research Fellow, University of Wollongong
If you are aged 70 with a million dollar home you could get up to $308,000 per year from a little-known scheme with risks.
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Wednesday, December 15, 2021