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Some Older People in Financial Need May Still Choose to Avoid

Question 31

Multiple Choice

Some older people in financial need may still choose to avoid a reverse mortgage for several reasons. Which of the following is not a reason?


A) The reverse mortgage uses up a large part of their estate.
B) They do not want to go into debt in later life.
C) Income from a reverse mortgage will not change a person's tax bracket.
D) They may not understand the risks.

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