4 Unconventional Ways to Fund Your Retirement One or more of these unconventional methods could be just the key you’re looking for. Key Points Working a traditional job and investing your funds isn’t the only way to save for retirement. Thinking outside the box can help you generate extra money for your future. Diligently saving…

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80% Of Seniors Are Not Selling Their Homes – Here’s The Financial Strategy They’re Using Instead New data from the American Advisors Group shows that the overwhelming majority of seniors do not intend to sell their homes in older age and have no intention of ever moving. 82% of seniors say they want to live…

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How do you pay back a reverse mortgage? At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here’s an explanation for how we make money. A reverse mortgage can make it possible for seniors to remain…

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Sources of Retirement Income When you’re retired, you need dependable income — often from multiple sources Try not to rely on just one income stream in retirement, as it may not provide enough money. Think about what kinds of income streams are most possible and appealing for you. Consider dividend-paying stocks or reverse mortgages, for…

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Danger: Aging Parents Overspending, Running Low, And What You Can Do Briana called AgingParents.com in distress. She was feeling panicky and angry. Her 80 year old mother, Rhonda, had just bought another new car she could not afford. Briana explained that her mother’s funds were limited, but she kept insisting on living the life she…

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Why is it always a goal to put aging loved ones on Medicaid? I’m asking this question, because I constantly see articles and receive advice from family/financial/ estate planning about getting Medicaid coverage, and how to “protect” the aging’s assets so they can qualify for Medicaid. Here’s my question, if your loved one spent their…

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Everything you need to know about reverse mortgages. What is a reverse mortgage? At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here’s an explanation for how we make money. A reverse mortgage is a way for…

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Brookings: Reverse Mortgages Should be More than a Niche Product Reverse mortgage products, while unlikely to become “a pillar” of American retirement, are economically justified “to play an expanded role in helping older Americans achieve a secure livelihood.” This is according to a new research paper released by the Brookings Institution, authored by researchers Martin…

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 How to battle sequence of returns risk. Investment News Retiring during the longest-running bull market in history can be scary, as some begin to wonder when the good times will end? There were two recurring themes at the annual Investment News​ Retirement Income Summit in Chicago earlier this month: the economic impact of increased longevity…

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New Figure Hire Emphasizes Retirement, ‘More Accessible’ Home Equity Tapping Figure Technologies, providers of alternative home equity tapping tools including a sale leaseback offering that is competitive with traditional reverse mortgages, announced a new hire last month that expands the company’s positioning as a vendor of tools that can help seniors in funding their retirement.…

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