The coronavirus has changed many people’s financial circumstances quickly. There are steps you can take if your income has decreased suddenly. But do you and those you care about more… Planning Your Finances For An Uncertain Future
An analysis of Social Security “cost of living adjustments” (COLAs) compared to the actual costs of goods and services purchased by older Americans found that Social Security benefits more… Social Security Benefits Lose 30 Percent of Buying Power Since 2000
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 more… Valuable Financial Resources for Older Adults from the CFPB
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. more… 5 Steps Women Can Take to Improve Their Retirement Readiness
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 more… How Homeowners Can Use Reverse Mortgages for Retirement Income
Mary Kane, associate editor of Kiplinger’s Retirement Report, published a comprehensive guide for consumers who wish to start planning ahead so that they can successfully age in place. more… Moves to Make Now to Age in Place
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 more… Jane Bryant Quinn’s New Thinking on Making Your Money Last
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 more… New Retirement Rules Could Help Boost Your Savings: 5 Things To Know
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 more… Financial Planning Challenges Facing Older Americans
Retirement is filled with all sorts of risks including longevity, inflation, unexpected health care needs and costs, sequence-of-return risk and the list goes on. To be sure, no more… Why Your Retirement Plan Should Include a Reverse Mortgage