Rethinking The Retirement Crisis In order to solve large-scale challenges, it is important to remember that innovation—the creation of new solutions—not only involves technology. It can also come from changes in thinking, in mindset, and applying old ideas and tools anew. Especially when tackling difficult issues like the growing retirement challenges in America today, we…

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Responsibly Using a Reverse Mortgage in a Retirement Plan Reverse mortgages have long been thought of as merely a last resort for someone’s retirement plan, the only remaining alternative when nothing is left to draw on. Before 2013, lending rules were very different and reverse mortgages got a bad rap for giving borrowers up to…

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Responsible Retirement. Reverse Mortgage Alabama. Using Reverse Mortgages In A Responsible Retirement Income Plan. Wade Pfau, FORBES CONTRIBUTOR Professor @ The American College; Principal @ McLean Asset Management Though reverse mortgages have long held a bad reputation, research and public policy in recent years are shedding new light on their potential uses in retirement. The…

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Rent or Buy Your Retirement Home? If you’re thinking about renting your next home instead of buying, consider the pros and cons of the decision. The housing market is hot, and it’s a great time to sell your home. Still, if you’re thinking about renting your next one, consider the tradeoffs. Renting temporarily is fine…

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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…

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Reducing Dementia Risk: New Treatment, and A Tried-and-True Remedy This is the age of health breakthroughs, such as a genetic treatment for a rare, inherited form of blindness. That’s wonderful for the comparatively small number of people affected. But what about a much more prevalent condition, currently afflicting five and a half million people —…

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Why some retirees could face reduced Social Security benefits unless Congress acts. The Covid-19 pandemic will prompt an unprecedented drop in one measurement, the Average Wage Index, which is used to determine Social Security benefits. Specifically, people born in 1960 could have lower retirement benefit calculations unless a fix is made. Congressional lawmakers have proposed…

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Inside the Reasons Why Seniors Choose the HECM for Purchase Lifestyle, ease of upkeep, and proximity to family are main criteria for seniors who choose a Home Equity Conversion Mortgage for Purchase loan, many originators agreed. Christina Harmes, assistant manager for C2 Reverse in San Diego, said she has clients looking to upsize, downsize, move…

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Realtors and Reverse. Reverse Mortgage Alabama. Realtor Panel Presents “Power” of Reverse Mortgage for Purchase. Most realtors have tried this once and had a bad experience, we close in 30 days. Or haven’t realized that they can give their client more buying power and usually leave the client more money to use in retirement. The…

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