From a NRMLA online news release:
“Research suggests that as we age, Americans will spend more of our hard-earned retirement assets on health care, such as insurance, prescription drugs, in-home care and other services that help us remain independent,” says NRMLA’s President Steve Irwin. “A retirement plan that includes the responsible use of home equity may be the best option that can help ensure healthcare spending doesn’t become a financial burden for many retired couples.”
(December 17, 2019) – Homeowners 62 and older saw their housing wealth grow by 0.3 percent or $24 billion in the third quarter to a record $7.19 trillion from Q2 2019, the National Reverse Mortgage Lenders Association reported today in its quarterly release of the NRMLA/RiskSpan Reverse Mortgage Market Index.

The RMMI rose in Q3 2019 to 259.19, another all-time high since the index was first published in 2000. The increase in senior homeowners’ wealth was mainly driven by an estimated 0.5 percent or $40.7 billion increase in senior home values, offset by a one percent or $16.5 billion increase of senior-held mortgage debt.
To read more: https://www.nrmlaonline.org/about/press-releases/senior-housing-wealth-reaches-record-7-19-trillion

Today, Monday December 16, marks 75 years since the beginning of one of World War II’s most savage battles. In December 1944, the Nazi army surprised U.S. and Allied forces in the frozen forests of Belgium. Badly outnumbered, the U.S. lost 10,000 soldiers amid frigid conditions in the war’s deadliest conflict. John Yang reports on the commemoration of what became known as the Battle of the Bulge.
NPR’s Tamara Keith and Amy Walter of the Cook Political Report join Judy Woodruff to discuss the latest political news, including the two articles of impeachment passed by the House Judiciary Committee, political stakes for a potential Senate trial, public opinion on impeachment, a labor dispute threatens the next Democratic debate and how many Democratic voters have already chosen a candidate.
The Social Security Administration (SSA) scam is the
