How your home could help fund a more comfortable retirement Accessing the equity in your home can provide the extra funds to live your best […]
What’s the best home equity borrowing option right now?
There are multiple attractive ways to borrow from your home equity right now. / Credit: Getty Images Inflation is almost at the Federal Reserve’s target 2% […]
How to Uncover the Social Security Time Bomb
Many older homeowners across the nation are anticipating a modest increase in their Social Security benefits. The 2025 cost of living adjustment (COLA) for Social […]
HECMs Can Address These 3 Retirement Risks
It’s common for retirees seeking to secure their financial future to encounter significant risks. Typical concerns include paying for long-term care, managing cash flow, and […]
Reverse Mortgages for Seniors: An Unbiased Look at Risks and Rewards
Is a reverse mortgage right for you? Explore the benefits and drawbacks to make an informed decision. Reverse mortgages have become a popular financial planning […]
Beyond the Basics: 10 Powerful Benefits of Reverse Mortgages You Didn’t Know About
Unlocking more than just cash and explore the unexpected advantages of reverse mortgages for a secure retirement. What would retirement be like if you didn’t […]
What is a reverse mortgage?
A reverse mortgage allows homeowners 62 and older to borrow money using their home as collateral, much like a conventional mortgage. Instead of increasing your equity […]
Maine Mayor on Property Tax Hikes: “Seniors may want to consider a reverse mortgage”
South Portland Mayor suggests a reverse mortgage is a solution to increasing property tax bills for the city’s elderly homeowners Share Amid discussion regarding recent […]
5 Ways Retirees Can Prepare for a Recession…in Reverse
Advertisement If there’s one thing that can upend retirement plans, it’s a recession which an increasing consensus of economists are predicting for the US economy. […]
More seniors turning to reverse mortgages amid Louisiana’s insurance crisis
THE SAME CAN BE SAID FOR FLORIDA !!! NEW ORLEANS (WVUE) – With property insurance costs in Louisiana spiraling out of control, seniors are increasingly […]
What is a reverse mortgage, and how does it work?
If you’re 62 years or older, you might be eligible for a reverse mortgage. These types of mortgages aren’t for everyone, since they take equity out of […]
Would a Reverse Mortgage Work for You in a Gray Divorce?
Editor’s note: This is part seven of an ongoing series throughout this year focused on helping older adults navigate the financial difficulties of gray divorce. […]
Half of American boomers risk running out of money in retirement — here are 3 ways to stick it to that stat
Listen Baby boomers may be in trouble when it comes to retirement. A recent Morningstar study found that 52% of Boomers risk running out of money during […]
44% of Homeowners 62 and older still have a mortgage
According to the most recent data, about 44% of Americans aged 62 and older still have a mortgage payment. This percentage has increased over the […]
Why More Older Mortgage Applicants Are Denied Credit
Three Reasons Older Mortgage Applicants are Denied Many Americans jumped on the opportunity to harvest some of their home equity as values skyrocketed in the […]