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7 out of 10 Senior Citizens are cutting back

By
Mortgage and Lending with First Meridian Mortgage

A MetLife study from October 2008 says that over 70 percent of all people over age 60 have started to cut back on "essentials" such as food, transportation and healthcare.

I think it is starting to become clear that the economy is going to get worse before it gets better.

Hopefully, Reverse Mortgages will help many people get through these tough times.

Patricia Aulson
BERKSHIRE HATHAWAY HOME SERVICES Verani Realty NH Real Estate - Exeter, NH
Realtor - Portsmouth NH Homes-Hampton NH Homes

In your 60's isn't a good time to have to cut back, that's for sure. You would think that maybe life would be easier then. Ha...!

Portsmouth NH Real Estate

Feb 23, 2009 06:25 AM
Patricia Aulson
BERKSHIRE HATHAWAY HOME SERVICES Verani Realty NH Real Estate - Exeter, NH
Realtor - Portsmouth NH Homes-Hampton NH Homes

In your 60's isn't a good time to have to cut back, that's for sure. You would think that maybe life would be easier then. Ha...!

Portsmouth NH Real Estate

Feb 23, 2009 06:25 AM
Michael Pinter
First Meridian Mortgage - Brooklyn, NY

Patricia,

I couldn't agree more. Thanks for the comment. Feel free to subscribe to my blog.

Michael Pinter

Feb 23, 2009 06:41 AM