10 Reasons You Won’t Need $1 Million to Retire

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

10 Reasons You Won’t Need $1 Million to Retire Many people believe having $1 million in the bank is a magic number that can allow them to retire. But do you really need that much? Numerous factors play a role in the decision of how much money you need to retire, including the lifestyle you […]

Reverse Mortgage Strategic Uses

Reverse Mortgage Strategic Uses In chapter 10 of “Inheriting Your Spouse’s IRA,” author Bill Harris outlines the strategic uses of a reverse mortgage. Reverse mortgages can be used to complement a retirement plan or to minimize the impact of an unexpected life event like the loss of a spouse. They can create liquidity out of […]

Social Security to Run Out

Report: Social Security to Run Out of Funds in 2036 The financial landscape for Social Security and Medicare federal entitlement programs, two of the most important programs in the social safety net for American seniors, has been given a bleak forecast concerning the financial solvency of the programs according to a government report issued earlier this week […]

House pays for care

House pays for care. Reverse Mortgage Alabama. Using the House to Pay for Grandma. Dent Research Team of Analysts. This is a problem I have worked with adult children for years to provide in home care for parents, but it seems more and more common. Personally my generation is called “The Sandwich Generation” so I […]

Options Boost Social Security

Options Boost SAocial Security- Still Available for Couples to Boost Social Security Benefits By Rachel L. Sheedy Even as some popular strategies phase out, coordinating claims remains a critical move to maximize payouts. There’s a new world order when it comes to claiming Social Security benefits. In late 2015, Congress axed two popular strategies that helped […]