If you’re in good shape with your home mortgage —meaning it’s mostly or fully paid off — it might make sense to tap into your home equity to…
Should you tap into your home equity to fund your retirement?
Category: Retirement Savings
Reverse Mortgages Help Retirees Capitalize on Their Biggest Asset
ThinkAdvisor.com, an online resource for financial advisors, registered investment advisors and wealth managers, makes a strong argument for why reverse mortgages should be considered as part of a…
How To Discover Your Best Spending Rate In Retirement
In this recent article by Carmen Reinicke, a personal finance writer at CNBC, she noted that “after saving up for decades to retire, many Americans are excited to…
Congress wants to make more changes to the U.S. retirement system. Here’s what’s in play
The CNBC staff recently wrote an article that noted that “although the bills are in the early stages of the legislative process, observers expect there to be some…
5 Hard-to-Believe Retirement Facts
Motley Fool columnist, Ryan Downiest advices readers to “embrace these 5 surprising facts so you can build a successful financial plan for retirement.” If you’re worried that you…
Survey: Americans More Optimistic About Financial Future
As life gets back to normal and the economy continues its recovery, the outlook among retirees and workers concerning their financial future remains optimistic. The Employee Benefit Research…
Rising Debt, Falling Income: How to Dig Out
Susan B. Garland recently wrote an article for the New York Times about the struggles facing many people approaching, or in retirement. Here are several excerpts: More Americans…
Senior Money Scams: 8 Tips to Protect Yourself
The National Council on Aging recently published an article to help older adults avoid scams and fraud. Millions of older adults fall prey to financial scams every year.…
Get Your Retirement Back on Course
Even the most diligent savers can encounter obstacles on the road to retirement, but the past few months have delivered unprecedented hazards notes Sandra Block, Senior editor of Kiplinger’s…
Valuable Financial Resources for Older Adults from the CFPB
The Consumer Financial Protection Bureau (CFPB) is providing relevant financial education resources for older adults, their families and practitioners who work in the aging field during the coronavirus…
5 Steps Women Can Take to Improve Their Retirement Readiness
Here’s an informative article by the investing specialists at Morningstar. The data is sobering about women’s retirement preparedness, but being pre-emptive can help stave off a shortfall.…
How Homeowners Can Use Reverse Mortgages for Retirement Income
Stephen Resch, a vice-president of retirement strategies at a reverse-mortgage lender recently wrote an article that appeared in MarketWatch. When seeking additional retirement income, some retirees may seek to…
Jane Bryant Quinn’s New Thinking on Making Your Money Last
Author and esteemed financial journalist Jane Bryant Quinn explains why she changed her mind about reverse mortgages and feels better about recommending them as a retirement planning option…
New Retirement Rules Could Help Boost Your Savings: 5 Things To Know
Here are several excerpts from a recent article in the Detroit Free Press. The rules of the retirement game just saw a sizable overhaul in Congress, giving a nod to…