What Is a Reverse Mortgage
What Is a Reverse Mortgage and Is It Right for Me? Team Clark is adamant that we will never write content influenced by or paid for by an advertiser. To support our work, we do make money from some links to companies and deals on our site. Learn more about our guarantee here. Reverse mortgages…
Read MoreWhat Is a Professional Fiduciary
What Is a Professional Fiduciary Elder law attorneys urge the public to create a legal plan, but it is difficult for individuals without immediate family to decide who to appoint as their health care surrogate or agent under a power of attorney. All too often, these individuals avoid completing the appropriate documents, leaving them…
Read MoreWhat if u can’t afford long term care
What if u can’t afford long term care As many as 8 in 10 older Americans couldn’t afford more than four years in an assisted living facility or two years in a long term care nursing home, according to a 2023 analysis by the National Council on Aging and the LeadingAge LTSS Center @UMass Boston. This…
Read MoreWhat if mortgage interest rates stay high
What if mortgage interest rates stay high? Here’s what experts say buyers should do Buying a home can be challenging these days. Home prices remain high, and interest rates are up significantly compared to a few years ago. In fact, according to Freddie Mac, the average rate on 30-year loans is now creeping toward 7%.…
Read MoreWhat HUD’s New Rules Mean
What HUD’s New Rules Mean for the Reverse Mortgage Industry The Department of Housing and Urban Development on Tuesday shook the reverse mortgage world with new rules regarding mortgage insurance premiums and principal limits. While the industry continues to sort out the exact effects — many of which may not be known until after the…
Read MoreWant to retire early
Here are 5 uncomfortable truths about retirement, that you really need to hear now. Especially if you want to retire early. Retirement is the true American dream. Sure, many might fantasize about striking it rich and becoming famous, but when it comes down to it, the real goal is to make enough money so that you don’t…
Read MoreWant financial security?
Want financial security? Home equity and retirement accounts are key, by Robert Powell, CNBC, USA Today It might seem obvious, even simplistic. But having home equity and retirement accounts are key to most families’ financial assets and — by extension — retirement security. According to new research from the nonpartisan Employee Benefit Research Institute (EBRI),…
Read MoreVeterans Disability Compensation
Veterans Disability Compensation. Understanding It? Brought to you by the National Care Planning Council and my long standing membership with them. Veterans are typically in receipt of four cash income disability programs from VA. Two of these programs – Veterans Pension and Survivors Pension – are paid to veterans and their surviving spouses or children for veterans who are…
Read MoreVeterans Aid and Attendance
Veterans Aid and Attendance? Veterans Pension and Survivor ‘s Pension – also known as Death Pension – are disability income programs available to veterans or to the single surviving spouses of deceased veterans. Survivor ‘s Pension or Death Pension is often referred to as “The Aid and Attendance Death Benefit.” This is a misnomer, but…
Read MoreVery big Fed week
Hold onto your hats because it’s going to be a very big Fed week Markets will gyrate right up until the Fed announces its interest-rate decision. But don’t forget: Apple reports quarterly results on Thursday, and a big jobs report lands on Friday. It may be too much to say the week coming up is…
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