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Politics : PRESIDENT GEORGE W. BUSH
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To: MulhollandDrive who wrote (8497)11/4/1999 1:38:00 PM
From: Lizzie Tudor  Read Replies (1) of 769670
 
No I don't consider 67 elderly, it was once however. I think they should raise the age for SS to at least 67 - or did they already do that?

I think this balooning equity in real estate situation is commonplace on the coasts. I think what she wants to do is somehow pass the house over to her kids in a will. So she doesn't want to do a reverse mortgage, and thats a hidden agenda of the AARP and their lobbyists to exclude real estate from the picture when evaluating the financial position of the elderly.
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