Life Without Retirement Savings

money

Life Without Retirement Savings Recently, The Atlantic published a tremendously powerful article by Alana Semuels entitled This Is What Life Without Retirement Savings Looks Like, which is well worth reading for anyone who is hedging their bets on the question of whether to save for retirement at all or whether to save more for retirement. It opens with the story […]

Looming Cost Of Long Term Care

These financial advisors help their clients tackle this unknown looming cost of long term care; 70% of us will need. CNBC KEY POINTS. A person turning 65 today faces a nearly 70% chance of needing long-term-care services during their remaining years, government research shows. With prices soaring on insurance policies that provide straight coverage, some […]

VA Benefits

VA Benefits for Veterans and Their Caregivers What Is the VA?The U.S. Department of Veterans Affairs (VA) is an agency that provides benefits for military veterans and their families. The VA is composed of three main divisions that administer different programs and services: The Veterans Benefits Administration The Veterans Health Administration The National Cemetery Administration […]

Appraisers and Inspectors

10 things real estate appraisers or home inspectors won’t tell you. Apprasiers. We’re working under a cloud. There are about 80,000 real estate appraisers in the U.S. and they play a key role in most home sales: Until they weigh in with a determination of a property’s value, the buyer typically can’t finalize a mortgage. (Appraisers […]

Retirement Options

How options for housing in retirement have evolved Don Garman, Founder and Chief Investment Officer at Mirador Capital Partners, predicts a changing financial landscape in years ahead and tells retirees that when investment returns aren’t necessarily able to ensure a comfortable existence in retirement alone, they may need other ways to supplement income. There’s one […]

Life Without Retirement Savings

This Is What Life Without Retirement Savings Looks Like. Many seniors are stuck with lives of never-ending work—a fate that could befall millions in the coming decades. CORONA, Calif.—Roberta Gordon never thought she’d still be alive at age 76. She definitely didn’t think she’d still be working. But every Saturday, she goes down to the […]

Financial planning with your home

Financial planning with your home I have had several high net worth clients whose financial advisor recommended them to consider a Reverse Mortgage and get rid of their mortgage payment? You might wonder why. The example I’m using is a couple with a managed 3-million-dollar portfolio. The monthly draw was $10,000. By eliminating the house […]

HECM | HUD

New HECM Head (Senior Advisor to the Department of HUD) Hopes to ‘Move Needle’ in New Role The new Senior Advisor to the Department of Housing and Urban Development (HUD) Deputy Assistant Secretary for Single Family Programs, Dr. Joshua Miller, introduced himself Monday to the reverse mortgage industry by giving a Home Equity Conversion Mortgage […]