This Is What Life Without Retirement Savings Looks Like. Many seniors are stuck with lives of never-ending work—a fate that could befall millions in the coming decades. CORONA, Calif.—Roberta Gordon never thought she’d still be alive at age 76. She definitely didn’t think she’d still be working. But every Saturday, she goes down to the […]
Home help you fund your retirement?
Could your home help you fund your retirement? Many people live in their most valuable asset. Here’s how its value could help you retire on your terms. Key points. Regardless of whether you plan to sell your home or not, your home equity can play a key role in your financial strategy for retirement If you […]
Run Out of Money in Retirement
Here’s How Many U.S. Households Will Run Out of Money in Retirement This is going to turn into a major problem affecting young boomers at a large scale. I am involved with my parents who have a Reverse Mortgage and they were set. Plenty of money, plus VA aid and attendance to add over $2000 […]
retire comfortably
About 44 percent of American workers who are saving in a workplace retirement plan feel confident they will retire comfortably. However, generation by generation, the numbers show that many individuals are way behind when it comes to reaching their savings goals. Baby boomers have made the most progress, having saved 30 percent of what they […]
No Retirement Savings
These people are on the verge of retiring — and they have nothing saved. 48 percent of American households over the age of 55 still have no retirement savings. This is an improvement from previous years, according to the U.S. Government Accountability Office. If you are behind on your retirement savings, there are a few […]
Retirement Income Stabilizer
Mortgage Professor’ to Launch ‘Retirement Income Stabilizer A forthcoming program aimed to stabilize retirees’ finances will help connect the dots for those striving to establish their post-working life’s income. The program is being established by Jack Guttentag, a.k.a. “The Mortgage Professor,” who has long been a proponent of reverse mortgage use. He identifies issues ranging […]
