Partial Retirement: An Inevitable Trend That Needs Support
December 3, 2020
One result has been a growth in what can be called “partial retirement,” which involves continued employment past the usual retirement age but at a reduced scale at reduced income. A retirement plan to accommodate them should notch at the age when partial
Here’s what to know about using a reverse mortgage to convert retirement assets.
December 2, 2020
How tapping home equity can pay the taxes on a Roth IRA conversion
Let Your House Pay For Your 2020 Roth IRA Conversion
November 5, 2020
As with most IRA commentators, my starting point for Roth IRA conversions is that if you don’t have the funds to pay the taxes on the Roth IRA conversion from funds outside your IRA, depending on current and likely future tax rates, you are not likely a g
Retirees, Make the Most of Your Home Equity
November 3, 2020
A debt-free retirement has been the ideal scenario for so long that older adults often overlook a valuable financial resource: their home.
Over Half of Unemployed Older Workers at Risk of Involuntary Retirement
October 28, 2020
Given the health risks older workers face by working, it is likely they are making the difficult choice between protecting their health and the decreased living standards that often come with involuntary retirement.
7 Ways to Fund Long Term Care Plan with Housing Wealth
July 31, 2020
The reality is: unless retirees are eligible for Medicaid, they are responsible for their own long-term care plan.
SAYING NO MIGHT BE THE BEST OPTION
May 19, 2020
I do not believe a reverse mortgage is always the best option. There are retirees for whom a reverse mortgage does not make sense.
Unemployment Report: No Need to Be Terrified
May 12, 2020
However, the long-term toll the pandemic will cause should not be overstated either. There have been numerous headlines claiming the current disruption in the economy is akin to the Great Depression, and many of those articles are calling for total Armage
10 Myths About the Coronavirus You Shouldn't Believe
May 12, 2020
And just as quickly as the virus has spread, so too have falsehoods about its transmissibility and treatment. Here are 10 myths about the coronavirus that you shouldn't believe.
As Markets Wobble, Will We See a Wave of Reverse Mortgages?
May 12, 2020
Over the past three months, the stock market has been on a roller coaster. Investment portfolios have followed suit, which could be particularly concerning for those who are counting on those funds for retirement.
Financial Planners: Chase’s HELOC pause could give Reverse Mortgage an advantage.
April 25, 2020
The exit of a major financial institution from the home equity lending space – albeit temporarily – may have the potential to give consumers more of an incentive to look at other forms of equity release – including reverse mortgages
Are You a "Teacher or a Salesperson
April 7, 2020
Hiring an agent who has a finger on the pulse of the current market will make your buying or selling experience so much easier.
Money Smarts for Older Adults
March 31, 2020
Money Smart for Older Adults is designed to provide you with information and tips to help prevent common frauds, scams and other types of elder financial exploitation in your community.
Coronavirus, Bear Market may renew Reverse Mortgage viablility among Financial Advisers
March 19, 2020
That turn of events has become far more tangible recently due to the outbreak of the COVID-19 coronavirus. This past Monday, the market endured its steepest decline since 1987, its worst decline since the beginning of the coronavirus’ economic impact acco
Are We About to See a New Wave of Foreclosures?
March 19, 2020
Without a job, many homeowners are wondering how they’ll be able to afford their mortgage payments. In spite of this, there are actually many reasons we won’t see a surge in the number of foreclosures like we did during the housing crash over ten years ag
Three Reasons Why This Is Not a Housing Crisis
March 19, 2020
With concerns of a global recession on everyone’s minds today, it’s important to take an objective look at what has transpired over the years and how the housing market has successfully weathered these storms.
Essential Hacks 4 Ways to Market Your Listings
February 5, 2020
It’s important to have a great listing, but without a way to direct people to that listing, no one will see all the work you put into the beautiful photos and carefully crafted descriptions. Make sure you’re giving your listings a fighting chance by sendi
