As the number of senior citizens in the United States continues to rise, CPAs and financial planners will be increasingly called upon to help individuals evaluate their end-of-life…
Financial Planning Challenges Facing Older Americans
Should I Stay or Should I Go? Aging in Place has a New Meaning for Seniors
New research from Home Instead Senior Care shows an evolution of what ‘aging at home’ means for seniors… Studies over the last several decades have shown that seniors…
Why Your Retirement Plan Should Include a Reverse Mortgage
By Julie Iannuzzi and Justin Ho Longtime financial journalist, author and retirement export Robert Powell interviews Steve Resch of Finance of America Reverse about the benefits of incorporating…
8 Costly Retirement Mistakes to Avoid
Mark Henricks, an experienced business journalist, recently wrote an article that appeared on the CNBC website that noted that Financial planners have identified eight prime retirement income risks…
Don’t Let ‘Gray Divorce’ Derail Your Retirement
Here’s an excerpt from an interesting read from Sarah Max, a freelance financial writer, that appeared in Barron’s retirement section, Don’t Let ‘Gray Divorce’ Derail Your Retirement: In…
Reverse Mortgages Are Beginning to Gain Acceptance
By Scott Van Voorhis Once highly controversial, reverse mortgages are gaining acceptance among financial planners as the long-standing retirement savings crisis grinds on. Read more…
Women Have Retirement Complications
Janet Bodner, an Editor-at-Large with Kiplinger’s Personal Finance, recently wrote an article that appeared in the Chicago Tribune about the difficulties that women face when it comes to achieving…
Should You Get One Of The New Reverse Mortgages?
A recent article in Forbes by Donna Fuscaldo noted… The reverse mortgage market has been in a state of flux ever since the U.S. government in 2017 reduced…
Should You Get One of the New Reverse Mortgages?
By Donna Fuscaldo Proprietary reverse mortgages offer opportunities for consumers living in higher-priced properties that exceed FHA’s maximum loan amount, or don’t meet FHA’s property guidelines. Read more…
A Mortgage That Pays You
A recent article by Paula Chin in Family Circle noted.. “Your parents have spent years faithfully making monthly mortgage payments. Maybe it’s time to let that hard-earned equity…
The Mortgage That Pays You
By Paula Chin Your parents have spent years faithfully making mortgage payments. Maybe it’s time to let that hard-earned equity give them cash in their bank account. Read…
Senior Homeowners Give Jumbo Reverse Mortgages New Life
By Robyn A. Friedman For homeowners with higher home values or who live in properties that do not qualify for FHA reverse mortgages, a proprietary reverse mortgage may…
7 Ways To Use Your Home Equity For Retirement Income
Here’s a synopsis of an informative article by Nancy L. Anderson, a Senior Financial Planner with Key Private Bank, that recently appeared in Forbes; 7 Ways To Use…
Baby Boomers Are Struggling to Downsize and It Could Create the Next Housing Crisis
Here’s an excerpt from an informative article on Bankrate.com by mortgage reporter Deborah Kearns. Deborah notes that “rising mortgage rates, sky-rocketing home prices, and inventory shortages at…
What happens when you take a reverse mortgage, but your spouse does not?
Here are several excerpts from an article by Jessica Guerin, an editor at Housingwire, What happens when you take a reverse mortgage, but your spouse does not? The bottom…
Tips on How To Enjoy Your Hobby In Retirement—and Make Money At It, Too
Here are several excerpts from an interesting article by Nancy Collamer that appeared recently in MarketWatch, Enjoy your hobby in retirement—and make money at it, too. If you…
The 4% rule for retirement savings desperately needs to be upgraded
In an article in MarketWatch, the writer, Angie O’Leary discusses why the 4% rule for retirement savings may be outdated and suggests that most people will need to…
More than senior moments: better dementia detection is urged
Marilynn Marchionne and Lindsey Tanner, AP Medical Writers, recently wrote an article in GetHealthy.com about a difficult subject for many to discuss, dementia. Here is an excerpt. Too…