Two in three (63%) Americans worry more about running out of money than death, up from 57% in 2022. Concerns about inflation, Social Security, and […]
Practical advice on becoming your parents financial guardian
Our parents looked after us, protected us, and taught us everything we needed to navigate our lives into adulthood. It’s the kind, compassionate and loving […]
3 moves seniors should consider with inflation still high
With a report released earlier in April showing inflation rising yet again and the prospect of interest rate cuts low for the Federal Reserve’s next meeting, many […]
Unlock Your Home Equity: Modern Reverse Mortgages for Retirement Planning
Not just for emergencies anymore, in this series our expert explores how reverse mortgages can boost your retirement income and financial security. Remember that iconic […]
How a Reverse Mortgage Can Be Used to Purchase a Home
Reverse mortgages have traditionally been used as a way for older homeowners to access the equity in their home and receive regular payments, either as a […]
Senior debt is climbing while inflation accelerates. Is there a way out?
Older Americans are caught in the toxic mix of inflation and increasing debt. Americans have more debt than ever before which is especially dangerous for older Americans […]
Most Older Investors Say Retiring at Age 65 Is No Longer Feasible
Most investors approaching their retirement years say that a traditional retirement won’t be possible for them. That’s according to a survey of 2,000 investors polled in January […]
The best times to get a reverse mortgage.
According to the latest Consumer Price Index report, inflation once again ticked upward in March. Persistent inflation makes it challenging for Americans to manage their expenses, and that’s […]
Are reverse mortgages expensive? Compared to what?
Besides the myths, misconceptions, and media misrepresentations of reverse mortgages, one of the most common criticisms of the loan is that they’re too expensive. To […]
Are you looking for ways to increase your cash flow in retirement?
If you own your home (or most of it), a reverse mortgage may be able to help. It can eliminate your existing mortgage payment and […]
Why a reverse mortgage may be worth it for seniors right now
It’s never too late to explore ways to make extra money. With so many ways to make passive income and multiple side jobs, it can be simple to […]
Here’s why Americans remain pessimistic despite a strong economy.
Inflation is lower- well not really lower but the annual inflation rate has slowed. We covered that subject in our February 20th blog post ‘Don’t […]
The CPI sleight of hand
Yeah! The consumer price index for January only increased 3.1% higher than one year ago! Is this reason to celebrate? Not necessarily. Welcome to the […]
Living on Social Security alone isn’t ideal, but it’s the reality for millions of seniors.
The average Social Security retirement benefit in 2024 is $1,906 per month, which works out to $22,872 per year. Ideally, that money serves as a […]
Telling older people to ‘work longer’ doesn’t help people who can’t afford to retire.
In April 2023, Betty Glover, a 91-year-old grocery store clerk in Oregon, was finally able to retire after a GoFundMe campaign raised $82,000 for her. […]