Will my pension be affected?

Is there any likelihood that my pension will be affected if I seek reverse mortgage? Thanks.
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American Advisors Group | Robyn Perry
Typically a pension would not be affected by getting a reverse mortgage, however we always suggest that you contact your advocate within the organization in question make sure and discuss it if it will be a problem for you. Because pensions are often the only source of income for many seniors, the reverse mortgage was designed to supplement this income and help seniors live a more comfortable life.

If you have concerns about how your current benefits will be affected, feel free to call one of our Professionals at AAG. We have professionals licensed in your state who can give you specifics about both state and federal benefits and how the reverse mortgage program can fit with them.

Disclaimer: The response above is not intended to be anything other than the educated opinion of the author. It should not be relied upon as financial advice. America Advisors Group recommends speaking directly with an AAG Reverse Mortgage Professional regarding your specific situation and needs. Please call 1 (800) 466-0572 to receive AAG's information pack with a FREE DVD and Brochure featuring Former Senator Fred Thompson.
Replied: 8/27/2010

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