Cash Stash

Seniors turn to reverse mortgages as a cash lifeline during the coronavirus . Used with other retirement income a Reverse Mortgage can lessen the sequence of returns

How a Cash Stash Can Help Retirees Keep Peace of Mind, if Not Portfolio When the market crashed last spring amid coronavirus fears, retiree Tim McDermott didn’t fret. The 58-year-old, who retired in November 2019 after running a derivatives exchange, keeps more than 40% of his assets in cash and near-cash investments. “We could probably […]

Worried About the Market Crash

Our Semi-Retired Columnist Isn’t Worried About the Market Crash. Here’s Why. Eleven years ago, I watched in horror as my 401(k) account melted away during the financial crisis and bear market. Now, semi-retired, I have a good bit more money in stocks, and I haven’t looked at my account in a couple of weeks. I […]

Positive Retirement Planning Tool

Barron’s: Reverse Mortgages Can Be a Positive Retirement Planning Tool The perception of reverse mortgages as a “last resort” loan to fund retirement is diminishing, but persistent. Still, reverse mortgages are increasingly being seen as a viable financial tool for eligible borrowers even though prospective users should be aware of high upfront costs, according to […]