Why Home Equity Matters

Why Home Equity Matters Why Home Equity Matters. Home equity—the current value of your home minus your mortgage balance—matters because it helps you build wealth. When you have equity in your home, it’s a resource you can borrow against to improve your property or pay down other high-interest debts. However, it’s also volatile because home […]

Here are the new rules for post-pandemic retirement

Forget what you’ve heard. Here are the new rules for post-pandemic retirement. As the coronavirus pandemic upends the economy, there’s never been a better time to examine the conventional wisdom about retirement By  Michelle Singletary  Forbes Columnist Your retirement will be unique to you, but it often helps to have some rules of thumb as a guideline. […]

Home Equity In Your Retirement Plan

How To Include Home Equity In Your Retirement Plan With The Bucketing Approach Do you have a vacation fund? A pizza party jar at work or home? A bank account reserved for a new house? People set aside money for certain goals or expenses, sometimes even dedicating a specific bank account or credit card for […]

How Much Can Retirees Spend

How Much Can Retirees Spend On March 11, 2020? It May Not Be What You Think Turbulent market volatility and declining interest rates are leaving many people wondering about the viability of their retirement plans. Given where markets are today, will you have enough to meet your retirement spending goals? Many financial planner have and […]

Taking Early Social Security Benefits Are Few

Good Reasons for Taking Early Social Security Benefits Are Few. Forbes Retirement Taking Social Security benefits as early as possible, at age 62, is not very beneficial for an American retiree concerned with maximizing their post-working income. This is according to Steve Vernon, FSA and consulting research scholar in the financial security division at Stanford […]

Reverse Mortgage for Purchase Details


Reverse Mortgage for Purchase Details by Forbes The Home Equity Conversion Mortgage (HECM) for Purchase program was initially designed in such a way so that a previously more complicated process involving two mortgage transactions could be simplified, according to Dr. Wade Pfau, professor of retirement income at the American College of Financial Services, in a new piece at […]

Tough Retirement for Americans

Forbes: Warped Financial Priorities Lead to Tough Retirement for Americans Americans place much of their focus on managing their existing debt over saving for the future, which results in their overall loss of focus on adequately saving enough money for retirement. This is according to Jamie Hopkins, director of retirement research at Carson Wealth in […]

Are Reverse Mortgages Unduly Risky

Are Reverse Mortgages Unduly Risky? We are seeing more and more financial planners in Alabama accept Reverse Mortgage help a senior have a better lifestyle. My clients now are usually millionaires. One financial planner told me that FINRA said years ago they approve and I have a fiduciary duty to tell my clients about everything […]

Questions and Answers

 Common Reverse Mortgage Questions and Answers You’ve likely seen the TV commercials for reverse mortgages, with the late Fred Thompson, Henry Winkler and, lately, Tom Selleck. But just between us: Do you really understand how a reverse mortgage works? If not, don’t feel bad — in a March 2017 National Council on Aging survey, 66% of […]

Retirees Save With Reverse Purchase

Retirees Save With Reverse Mortgage for Purchase : Forbes Column While many senior homeowners opt to relocate in retirement, they may be missing out on an opportunity to mitigate problems and best support their retirement, writes reverse mortgage proponent and financial advisor Jamie Hopkins in a Forbes column this week. Presenting the historical landscape for home equity growth […]