Estimate Your Eligibility

How Spending Needs Change Over the Course of Your Retirement

November 9th, 2016

According to a recent article on USNews.com, a retiree’s needs change over the course of their retirement. “Unfortunately, most financial planning programs look at retirement as one constant season, where spending remains the same year after year. In reality, the

Did you know that reverse mortgages have a new eligibility requirement?

October 25th, 2016

In the past, the eligibility requirements for a reverse mortgage were simpler: you had to have enough equity in your home (generally 50% or more), be  at least a 62 year old homeowner who’s listed on title, and live in

How To Use Your Home Equity To Improve Your Retirement

October 14th, 2016

Many Americans spend their entire working lives saving for retirement. Everyone knows the significance of funding their 401k, stashing some money away in securities, and investing in real estate.  The question is:  how do you use those investments once you

Using a reverse mortgage to pay off your first mortgage

September 14th, 2016

As Baby Boomers move into retirement, being able to remove the burden of a mortgage payment can be a tremendous help. Though reverse mortgages have had a less than stellar reputation over the years, they can be a useful financial

What Can You Do If You Haven’t Saved Enough For Retirement?

August 17th, 2016

The earlier you can start saving for retirement, the better “…because even small sums can grow staggeringly large with enough decades of compound returns.” However, even the most diligent of savers may find this isn’t enough. If you find yourself

5 Important Features of a Reverse Mortgage

August 2nd, 2016

Are you considering a reverse mortgage, but are overwhelmed by all the information out there?  We’ve highlighted five key features of a reverse mortgage below to help you decide if this product is right for you. A Home Equity Conversion

Tapping Your Retirement Accounts for Emergencies

July 19th, 2016

We all know it’s important to have a savings account in case of an emergency.  The general rule of thumb states that you should save enough to cover 3-6 months’ worth of living expenses.  However, what if you’re nearing retirement? 

Easy Ways to Save Money

July 5th, 2016

If you’re nearing retirement, or are already there, you’re likely on a fixed budget.  Unless you planned well and saved plenty for your golden years, you may be running short on funds each month.  If that’s the case, it’s important

Could You Benefit From a Second Reverse Mortgage?

June 21st, 2016

There’s a misconception out there that a person can only be eligible for a reverse mortgage once in their lifetime.  However, this isn’t necessarily true.  Depending on your situation, you may have the need for a second reverse mortgage.  According

In-Home Care Costs More Than You May Think

June 8th, 2016

We all hope to be healthy and self-sufficient long into our golden years, but according to Tom McInerney, President and CEO of Genworth Financial, “…at least 70 percent of Americans over age 65 will need some form of long term