Retirement in trouble
Retirement in trouble.Read CNBC’s “Your retirement is in trouble … what are you doing about it?” CNBC.com by Darla Mercado | @darla_mercado Americans are losing sleep over their ability to retire, but few are doing anything about it. Those were the findings from a recent retirement confidence survey conducted by the Employee Benefit Research Institute.…
Read MoreGray Divorce
Gray Divorce. The only reason I would post this is because I have seen more than 5 cases in Birmingham, Alabama where a judge ordered a Reverse Mortgage as a way to settle assets in a divorce case involving people age 62 or above. Gray Divorce on the Rise in America, Says Pew. Divorce among…
Read MoreTake Social Security Now
Take Social Security Now. 3 Awful Reasons to Take Social Security at 67. Waiting to take your retirement benefits is often a smart move, but there are some situations where it doesn’t make sense. The Motley Fool by Dan Caplinger Many Social Security experts suggest waiting well beyond the earliest claiming age of 62 to…
Read MoreReverse Mortgage 10 faqs
Reverse Mortgage 10 faqs. 10 things you wanted to know about reverse mortgages. Augusta Free Press Reverse mortgages are popular at the moment and with good reason as it is one of the best ways for seniors to tap into equity they built up in their homes. In some cases, this might be the…
Read MoreHow to Get a Reverse Mortgage
How to Get a Reverse Mortgage. Reverse Mortgage Alabama brings you the facts on several steps to invloved in the Reverse Mortgage process. I usually meet with you in person , close in 30 days, so its really not much work at all on your part. Story below I found on by Nerd Wallet and The…
Read MoreMortgage Facts
Mortgage Facts. USA Today has 13 mortgage facts that might surprise youSelena Maranjian, The Motley Fool Nebraska is the rated highest among states for housing affordability. Vermont offers a good employment landscape for under-35 home buyers. Newslook These nuggets of knowledge are not only interesting, but they can save you many thousands of dollars, too,…
Read MoreScam Prevention
Scam Prevention. FDIC Issues Updates to Elder Scam-Prevention Program The government has always considered seniors a protected class, making sure they don’t get scammed and I am a big proponent of that myself. I have told my clients before to go put this money in a new bank you have never been to before because…
Read MoreSenior Student Debt
Senior Student Debt. NAR: Older Buyers Move Near Family, Still Have Student Debt. The only reason this caught my eye is because I have worked with Reverse Mortgage clients here in Alabama that still had student loan debt. The National Association of Realtors issued the most recent edition of its exhaustive Home Buyer and Seller…
Read MoreReverse Mortgage Fees
Reverse Mortgage Fees. What Are the Fees to Get a Reverse Mortgage? By NERDWALLETYou can trust that we maintain strict editorial integrity in our writing and assessments; however, we receive compensation when you click on links to products from our partners and get approved. Here’s how we make money.A reverse mortgage is a special type…
Read MoreRetirement 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…
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