Responsible Retirement

Responsible Retirement. Reverse Mortgage Alabama. Using Reverse Mortgages In A Responsible Retirement Income Plan. Wade Pfau, FORBES CONTRIBUTOR Professor @ The American College; Principal @ McLean Asset Management Though reverse mortgages have long held a bad reputation, research and public policy in recent years are shedding new light on their potential uses in retirement. The…

Free Retirement Money. Reverse Mortgage Alabama. Don’t pass up free retirement money from Uncle Sam CBS MONEYWATCH By STEVE VERNON Did you know that a tax incentive could help pad your retirement account? “Many workers who are saving for retirement may be missing out on the Saver’s Credit because they are unaware of it,” said…

Reverse Mortgage Education. Reverse Mortgage Alabama.com Chicago Law School Receives Reverse Mortgage Education Grant. by Alex Spanko Published in HECM, News, Reverse Mortgage The John Marshall Law School in Chicago received a more than $34,000 grant to help fund its continuing reverse mortgage education programs for the public. The school’s Fair Housing Legal Support Center…

Tap Home Equity. Reverse Mortgage Alabama. 3 Ways Retirees Can Tap Their Home Equity By Heather Larson. Bankrate.com Retirees may need an extra infusion of cash for a variety of reasons. They could have an unexpected hospital visit, want to refurbish their home, pay down credit card debt, be ready for a vacation or have…

Homeowner Tips. Reverse Mortgage Alabama. Tips for Homeowners Considering a Reverse Mortgage. A Reverse mortgage allows homeowners to convert part of the equity in a home to cash without having to sell the property. Due to the attractiveness of these loans, some senior citizens are being charged excessive up-front fees for services that are generally…

Financial assessment is simply NOT looking at your credit in the old sense, but rather looking to see you have been responsible paying taxes and insurance, no late house payments in 24 months, and any other string of missed payments. I found this article today that may help explain. Financial Assessment Works, New View Commentary…

Financial Plans help. Reverse Mortgage Alabama. How reverse mortgage loans can help with financial planning. Bankrate.com. Jay MacDonald Thanks to 2014 changes in federal regulations on reverse mortgages, the loans now serve as a financial planning tool for the waves of middle-class baby boomers facing retirement. In 2014, the Department of Housing and Urban Development,…

Purchase with Reverse. Reverse Mortgage. 7 Must-Read Reverse Mortgage for Purchase Resources. Studies show that many older adults want to age in place during retirement. But others who aren’t yet ready to put down roots may choose to relocate, downsize or even upgrade to a new home during their non-working years. A reverse mortgage can…

Younger retirees. New Thinking About Reverse Mortgages. MARKETS YOUR MONEY WALL STREET JOURNAL REPORTS: WEALTH MANAGEMENT. American College of Financial Services. By JEFF BROWN Younger retirees may benefit from using reverse-mortgage lines of credit as interest rates rise. Since rates tend to rise alongside inflation, a growing line of credit would provide an inflation hedge,…

Retire on House. Reverse Mortgage Alabama brings you a pros and cons approach from Forbes called “Should You Retire On Your House?”Forbes.Pension Research Council Many American households will face a significant retirement financing gap unless they save more, invest more efficiently, retire later, and/or distribute their retirement assets more efficiently. Yet the pain of such…