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 […]

Reduced Social Security Benefits

Retirement income, social security benefits

Why some retirees could face reduced Social Security benefits unless Congress acts. The Covid-19 pandemic will prompt an unprecedented drop in one measurement, the Average Wage Index, which is used to determine Social Security benefits. Specifically, people born in 1960 could have lower retirement benefit calculations unless a fix is made. Congressional lawmakers have proposed […]