Stocks Could Struggle In The Days Ahead

I brought this to my news page to ensure my clients are able to keep up with things that may affect their decision. 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…

The 10 cheapest U.S. states to retire in—Florida barely makes the list While Florida is often considered a popular retirement destination due to its warm climate and lack of state income tax, it isn’t the absolute cheapest state to spend your golden years in. Rather, Alabama is the most affordable state to retire in, according to WalletHub’s “2023…

10 Reasons You Won’t Need $1 Million to Retire Many people believe having $1 million in the bank is a magic number that can allow them to retire. But do you really need that much? Numerous factors play a role in the decision of how much money you need to retire, including the lifestyle you…

Nearly half of all Americans are falling deeper in debt as inflation continues to boost costs KEY POINTS With inflation hitting a 40-year high in June, Americans are struggling to keep up with rising prices and putting less money aside for emergencies or long-term financial goals, several studies show. Americans’ overall satisfaction with their financial…

Best Small Towns For Retirement When looking for a city to retire in, you should consider all factors that could add to a high quality of life. Affordability can be essential for older adults on a fixed monthly income. Walkability, access to healthcare and recreational activity, and a low crime rate can all make a retirement city ideal.…

How Financial Assessment Made Reverse Mortgages Safer This financial assessment process is conducive to making the Home Equity Conversion Mortgage (HECM) an even safer loan product. If a potential borrower can swallow such an absurdity he need not be concerned about who this financial assessment (FA) is making the product safer for! The FHA wants…

How Reverse Mortgages Finally Became Safe The decision to take out a Home Equity Conversion Mortgage is a big one, and you may be wondering how safe this government-insured loan program is. While reverse mortgages aren’t right for everyone, the HECM program has several built-in protections designed to keep borrowers safe. FEDERAL GUARANTEE. One of…

If I take out a reverse mortgage loan, does the lender own my home? No. When you take out a reverse mortgage loan, the title to your home remains with you. Most reverse mortgages are Home Equity Conversion Mortgages (HECMs). The Federal Housing Administration (FHA), a part of the Department of Housing and Urban Development…

The survey — which included 930 American employees and 206 hiring managers — illustrates the number of people returning to work after retirement and outlines the reasons why they’re making these moves. The results also indicate that the majority of those considering a return to the workforce would prefer remote or hybrid positions. “Among those…

Will US Housing Crash The Economy? Maybe it’s different this time. A slowdown in US construction activity has preceded broader slowdowns in the past. Welcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. Could US Housing Crash The…