Reverse Mortgage Loans
Category: Reverse Mortgages & Retirement

Articles about how Reverse Mortgages can be a part of Retirement.

5 Important Features of a Reverse Mortgage

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

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Tapping Your Retirement Accounts for Emergencies

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? 

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Easy Ways to Save Money

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

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Home Equity Could be the Answer for Cash Strapped Seniors

Many baby boomers are moving into retirement, but unfortunately many of them don’t have sufficient savings to meet their basic retirement needs.  The Employee Benefit Research Institute states that, “Boomers are woefully unprepared for retirement.  In order to meet their

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Reverse Mortgages in the News

There has been some interesting coverage on Reverse Mortgages in the news recently. In fact, NBC Nightly News with Lester Holt recently aired a segment on how a Reverse Mortgage can help save you money. Watch the video below and

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What to do in the Event of an Unexpected Retirement

You try to do your best to plan for retirement, but what do you do when you’re forced to retire early?  According to two new surveys, this happens more often than you might think.  “Research from Voya Financial says that

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Four Retirement Assumptions That Could Hurt You

There’s a lot of information out there about the “do’s and don’ts” of saving for retirement.  Most financial professionals would probably agree on some of the basics…for example, it’s important to start saving early and often.  However, with all the

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Have Your Retirement Accounts Recovered From the Great Recession?

Many Americans were hit hard by the Great Recession of 2008.  A recent article states that, “the nation’s 401(k)s and IRAs lost about $2.4 trillion in the final two quarters of 2008, and the average loss that year for workers

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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 to retirement.  While those surveyed included pre-retirees, retirees and people that don’t plan to retire, a majority of

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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 for using a reverse mortgage as part of your retirement plan.  While there has been more research on

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