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Reverse Mortgages And Retirement Planning
One costly mistake people often make is in neglecting their 401k retirement account.
Be sure you are defined as a "terminated" employee because they wouldn't release the 401k if you aren't "terminated". In other words, you will sell distressed stocks or funds in order to record a capital loss on the sale. Also, my earnings are about double the median income, so half of $2,366, or $1,200 is certainly not much money in 16 years.