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: […]

House pays for care

House pays for care. Reverse Mortgage Alabama. Using the House to Pay for Grandma. Dent Research Team of Analysts. This is a problem I have worked with adult children for years to provide in home care for parents, but it seems more and more common. Personally my generation is called “The Sandwich Generation” so I […]

Professional Reverse Mortgage FAQs

Professional Reverse Mortgage FAQs. Reverse Mortgage Alabama Financial Planners  In Home Care Providers   Financial Planners How can advisers help prepare a client for an unexpected early retirement? Call any time and Ill be happy to put together something for you and your clients. Many people have asked me to come meet with thier advisor […]

FINRA Financial Planners

FINRA Financial Planners. Reverse Mortgage Alabama. FINRA (Financial Planning organization for the purpose of protecting investors) Debunks Reverse Mortgage Misconceptions Potential borrowers should know all of the facts before getting a reverse mortgage, and a recent podcast from the Financial Industry Regulatory Authority (FINRA) clears up some common misconceptions associated with the product. The podcast discusses […]