retirement Archives | Page 5 of 5 | Reverse Mortgage Alabama

Reverse Mortgages Help Curb Retirement Risk for Divorced Women Reverse mortgages have been increasingly pitched as a way to stave off the effects of so-called “gray divorce,” and a new research brief shows just how a split can put both parties’ retirement futures at risk — and how home equity benefits one demographic in particular.…

No Retirement Savings and Nearly Out of Time? Here’s How to Compensate. Countless older workers are about to end their careers without money in the bank. Here’s what to do if you’re one of them. Article I found today from the Motley Fool. Maurie Backman (TMFBookNerd) Though we’re told to prioritize retirement savings during our…

Positioning Reverse Mortgages as a Solution in a Down Market One of the most prominent scholarly advocates for using reverse mortgages in retirement laid out a case last week for finding opportunity in the volatile stock market. “A reverse mortgage helps preserve a portfolio and gives it a chance to recover,” Wade Pfau, professor at…

Reverse Mortgage-What is it? Reverse Mortgage-What is it? Just under 20% of seniors who responded to a recent survey were aware of reverse mortgages — despite showing an overwhelming desire to stay in their homes and potentially make renovations into old age. Among homeowners aged 60 to 70, 44% said they would keep a mortgage…

A reverse mortgage or bankruptcy are two options available to the elderly with high debt. How to find your way out of difficult financial circumstances. by Liz Weston question and answers. Dear Liz: I desperately need your help! My husband, who is 91, is in the early stages of dementia. I just turned 88 and…

Reverse mortgage market has been “cleaned up,” say financial advisors. Innovative approaches to protecting retiree portfolios. CNBC Investor tool kit. Novel approaches include structured notes and no-load modified endowment contracts. No-load modified endowment contracts provide certain minimum guarantees. Deborah Nason | @dnason Once you’ve stopped working, what steps can be taken to protect your retirement…

PBS TV on Reverse Mortgages. PBS Program Takes Deep Dive into Reverse Mortgages. A nationally syndicated PBS personal finance program dedicated a solid chunk of a recent episode to the new academic thinking around reverse mortgages and retirement. Jamie Hopkins, an associate professor of taxation at the American College of Financial Services in Bryn Mawr,…