CFPB Wrong-Reverse Mortgages

Why The CFPB Is Wrong About Reverse Mortgages I found a great article today by Advisor Perspectives on the controversial holding off to take social security. In the first edition of my book, Reverse Mortgages: How to Use Reverse Mortgages to Secure Your Retirement, I did not analyze using a reverse mortgage to support the […]

Retirement in trouble

Retirement in trouble.Read CNBC’s “Your retirement is in trouble … what are you doing about it?” CNBC.com by Darla Mercado | @darla_mercado Americans are losing sleep over their ability to retire, but few are doing anything about it. Those were the findings from a recent retirement confidence survey conducted by the Employee Benefit Research Institute. […]

Retirement question

Retirement question. CNBC Make It. money. 84% of Americans cant answer this basic money question about retirement. Retirement doesn’t seem to be on the minds of many Americans To see just how much the people know when it comes to financially preparing for their later years, Fidelity Investments conducted a retirement IQ test. The results were […]

Relocation Leap

Relocation Leap. Reverse Mortgage Alabama brings you a great news piece for CNBC.com on Retirees should look carefully before leaping into a relocation by Deborah Nason CNBC.com @dnason CNBC.com Many people dream of fleeing to cheaper and warmer climates in their retirement. Advisors caution, however, to watch for unexpected financial and non-financial consequences. Taxes. The […]

Ready to retire

Ready to retire. Reerse Mortgage Alabama. TIME MONEY RETIREMENT INCOME. Ready to Retire? Better Ask Yourself These 3 Questions First? by Walter Updegrave When researchers for a recent IPSOS/USA Today survey asked 45-to-65-year olds how prepared they felt for retirement, 59% responded that they felt very or somewhat prepared. The same percentage said they expected […]

What is reversed

What is reversed. New Article from Jack Guttentag “The Mortgage Professor”. AP. The Mortgage Professor: The ‘reversed’ in reverse mortgages and ‘skipping’ payments By Jack Guttentag The Mortgage Professor Occasionally, I like to play professor by answering some of the more interesting questions I have received. The ones I respond to below are all interesting for […]

Retirement Funding

Retirement Funding.  How retired homeowners can avoid running out of money by Jack Guttentag. Daily Herald Chicago, Illinois. The combination of increased longevity and declines in the coverage of defined benefit pension plans means that, increasingly, retirees risk running out of money because they live too long. Reverse Mortgages can supplement income and supplement retirement […]

Investments for seniors

Investments for seniors. Reverse Mortgage Alabama. I found this great comparison story about investing versus taking a Reverse Mortgage for financial security. Some investments aren’t worth the trouble. The Seattle Times. Business. By Scott Burns Reader is thinking about buying a three-year deferred annuity; expensive home would give owner leeway in a reverse mortgage. Q: […]