Recession already here for many Americans

Recession already here for many Americans, as buying power, credit, social net shrinks The stock market may be closely watching the chance of an official economic recession, but many Americans across the country are already feeling the squeeze as they contend with higher prices and borrowing costs than they saw a year ago. While Evelyn […]

Want to retire early

Here are 5 uncomfortable truths about retirement, that you really need to hear now. Especially if you want to retire early. Retirement is the true American dream. Sure, many might fantasize about striking it rich and becoming famous, but when it comes down to it, the real goal is to make enough money so that you don’t […]

Stocks Could Struggle In The Days Ahead

Wharton professor Jeremy Siegel warns the recession threat is growing – and stocks could struggle in the days ahead. Jeremy Siegel sees a rising risk of recession and a downbeat outlook for stocks. The retired Wharton finance professor expects the Fed to cut interest rates later this year. The US central bank may be underestimating […]

If You Need Cash in Retirement

 If You Need Cash in Retirement. Retirement & Financial Planning Report. FEDWEEK Reverse mortgages allow homeowners to tap home equity even if they can’t sell their home; this can supplement retirement funds.  While hopefully your plan for funding your retirement will provide what you need, you may find that you have needs for cash that […]

Reverse Mortgage to pay for long-term care

Should you use a reverse mortgage to pay for long-term care? Someone turning 65 has nearly a 7-in-10 chance of needing long-term care in the future, according to the Department of Health and Human Services, and many don’t have the savings to manage the cost of assisted living. But they may have a mortgage-free home […]

Reverse Mortgages and retirement planning

Reverse Mortgages and retirement planning. Understanding how reverse mortgages can add value in retirement planning requires an understanding about the peculiarities of sequence-of-return risk that the reverse mortgage can help to manage. When combined with a long retirement, sequence-of-return risk can lead to some potentially unanticipated outcomes regarding what types of strategies may work to […]

Retirement Portfolio Exhaustion

Retirement income, social security benefits

To Reduce the Risk of Retirement Portfolio Exhaustion, Include Home Equity as a Non-Correlated Asset in the Portfolio.  By Philip Walker; Barry H. Sacks, Ph.D., J.D.; and Stephen R. Sacks, Journal of Financial Planning: December 2021 Executive Summary Financial planners have long regarded diversification and asset allocation as essential tools for reducing portfolio risk for their clients. […]

Alzheimer’s disease

What types of memories are forgotten in Alzheimer’s disease? There are different types of memory and not all of them are related to Alzheimer’s disease. I have worked with many people using a Reverse Mortgage to keep a loved one at home. I would consider no – matter what you think you will do down […]

Reverse Mortgages Get A New Look in Covid Times

Reverse Mortgages as markets tumble. Reverse Mortgage could be your saving grace.

 Reverse Mortgages Get A New Look in Covid Times by Financial Advisor.  F.A. Online. The reverse mortgage market got some new respect earlier this year. When it looked like Covid-19 might wreck the retirement plans of older Americans, some turned to these mortgages to tap a new source money. Home equity conversion mortgages (aka, reverse mortgages) […]