President Donald Trump signed legislation on July 4 that will have a broad impact on taxes, health care coverage, nutrition assistance and other financial supports that older Americans more… What’s in the ‘One Big Beautiful Bill’ for Older Americans?
Rising costs and high interest rates can make home ownership tough for many people, especially seniors living on a fixed budget. Thankfully, there is an option for older more… What Homeowners Should Know Before Choosing a Reverse Mortgage
More than 14 million U.S. adults age 65 and older report falling every year, and the risk increases with age — but there are steps a person can more… These Tips Can Reduce Your Chances of Falling
California launched the CalAssist Mortgage Fund to offer financial aid to homeowners whose properties were destroyed or left uninhabitable by recent fires. Why it matters: The state set aside $105 million more… CA Launches Program to Help Homeowners Impacted by Wildfires
Fidelity Investments® Q1 retirement analysis revealed that 401(k) savings rates hit a record high, driven by a milestone employee contribution rate of 9.5 percent, and an employer contribution more… Fidelity®: Retirement Savings Rates Reach Record in Q1
The Federal Reserve Board published its “Economic Well-Being of U.S. Households in 2024” report, which examines the financial circumstances of U.S. adults and their families. The report draws more… Federal Reserve Publishes Household Economic Well-Being Report
In his new book, “A Richer Retirement: Supercharging the 4% Rule to Spend More and Enjoy More,” retired financial advisor Bill Bengen suggests that the benchmark he devised more… 4 Percent Rule Recalculated
A new survey conducted by investment advisory firm Edelman Financial Engines reinforces a trend in how Americans think about retirement: specifically, they imagine these years to be more more… Edelman Survey Yields Interesting Retirement Perspectives
J.P. Morgan Asset Management released the 13th edition of its annual Guide to Retirement. This year’s Guide offers insights on the evolving landscape of retirement planning, focusing on more… JP Morgan Publishes Annual Guide to Retirement
In the latest episode of Yahoo Finance’s Decoding Retirement podcast, long-time financial journalist Bob Powell interviewed loan officer and educator Don Graves about the pros and cons of more… Reverse Mortgages Featured in Retirement Podcast
In a shift that underscores changing dynamics in the housing market, baby boomers now make up the largest generational group of home buyers, according to the National Association more… Baby Boomers Regain Top Spot as Largest Share of Home Buyers
Wall Street Journal columnists Anne Tergesen and Joe Pinsker offered advice for people who are anxious over the recent stock market fluctuations and the impact it’s having on more… WSJ: Reverse LOC One Option to Consider During Market Declines
To help set the record straight about reverse mortgages, Money published an article that addresses five commonly held misperceptions. “Financial planners frequently recommend reverse mortgages to help qualified more… Five Reverse Mortgage Myths Debunked
Homeowners 62 and older saw their housing wealth decrease by one percent in Q4 2024 to $13.95 trillion, according to the latest quarterly release of the NRMLA/RiskSpan Reverse more… Senior Home Equity Stands at $13.95T
Millions of seniors facing the sticker shock of paying for future long-term care needs have a powerful asset at their fingertips: their home equity. That’s according to Bankrate.com, more… Reverse Mortgages Highlighted As Option to Pay for LTC
Planning for and living in retirement requires some daunting financial decisions. How do you create a steady stream of income? What’s the best way to split your portfolio more… Is It Time to Retire These Retirement ‘Rules’?
As they age, retirees increasingly face the prospect of a large healthcare spending shock for medical issues or long-term care either because their health insurance involves significant cost sharing or they more… Thirty-One Percent of Retirees Would Consider Home Equity to Pay for LTC
Fifty years ago, the world dramatically changed for Americans saving for retirement when the Employee Retirement Income Security Act (ERISA) was enacted. In the latest episode of the Yahoo more… ERISA Turns 50: How One Law Revolutionized Retirement