Reverse Mortgage Loans
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How Spending Needs Change Over the Course of Your Retirement

According to a recent article on, 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?

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

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

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

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

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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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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In-Home Care Costs More Than You May Think

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

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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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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 29% of households age 55 and older don’t have a retirement savings or pension.  For those that did

Retirees May Need to Live on Less, Work Longer and Save More

According to a recent article on, Americans have not saved enough to provide for their retirement.1 Contributing factors include longer life spans, retiring earlier, less generous pensions, and greater health expenses. The article states that there are only a