Surprising Facts About Retirement
A recent study from Fidelity Investments surveyed more than 12,000 people in an effort to separate myth from reality when it comes […]
6 Strategies for Incorporating Home Equity into Your Retirement Plan
Wade Pfau, a professor of retirement income at the American College of Financial Services just recently published a paper on six strategies […]
Types of Reverse Mortgages
If you’re considering a reverse mortgage, it’s best to do your homework and educate yourself about your options. Many people may not […]
Creative Ways to Fund Retirement
If you haven’t saved enough for retirement, then you’re not alone. According to a study by the Government Accountability Office (GAO), almost […]
Retirees May Need to Live on Less, Work Longer and Save More
According to a recent article on economist.com, Americans have not saved enough to provide for their retirement.1 Contributing factors include longer life […]
Differences Between a Traditional Reverse Mortgage and HECM for Purchase
A Home Equity Conversion Mortgage (HECM), commonly known as a reverse mortgage, is a Federal Housing Administration (FHA) insured loan which enables […]
How a Reverse Mortgage Can Bridge Retirement Account Shortfalls
A Huffington Post article1 touts the benefits of reverse mortgage loans for moderately wealthy Americans. Historically, reverse mortgage loans have been called […]
Three Ways to Save Money This Winter
There is a noticeable chill in the air in most areas of the country this time of year. If you or someone […]
What Your Heirs Need to Know if You Have a HECM Reverse Mortgage
A Home Equity Conversion Mortgage (HECM), also known as a reverse mortgage, is a nonrecourse loan. This means that if your home […]
Planning for Long Term Care
Planning for long term care can be a confusing, overwhelming process. Long term care… “is designed to cover long-term services and supports, […]
Save Money By Breaking These Habits
We all have little habits that are costing us money. When added up through the years, how much money could you save […]
New Reverse Mortgage Non-Borrowing Spouse Rule
Congress established the Home Equity Conversion Mortgage (HECM) program to be administered by the Department of Housing and Urban Development (HUD) in […]