How many times have I been asked this question? I don’t know because for the simple reason that I have lost count. Thats how rubbish a question is. Well what is a reverse mortgage calculator? The difference between the duo? One is targeted at everybody whilst the other is aimed at the over 55. It is this demographic difference that, I believe, has created the hoo-ha. Aiming at the over 55’s has the identical connotations of assailability that arises with promoting unwholesome products to children.
What agitates myself is the fact that in most other market or position; older householders are thought of the most clever; the sage ones that many seek counsel and guidance from. So for what excuse, when it happens to be anything internet or many type of financial offering, do we treat the 55+s with kid gloves! Interjecting like a defiant soldier to protect them from their own selves. Do we suppose for one minute that they’re blindly falling for reverse mortgages like lemmings? No I thought not.
