Aging Parents Need Home Care

How to Know If Your Aging Parents Need Home Care. by Elder Law Answers Friendly nurse interacts with senior woman in home setting.As our parents get older, we must make tough decisions regarding their health care. It can be hard to know when to bring in professional support in the form of home care. Consider […]

Everything to know about reverse mortgages

Reverse Mortgage on Craftsman House. Reverse Mortgage Alabama

Everything to know about reverse mortgages BY ALY YALE. CBS NEWS.If you’re struggling with the rising costs of inflation, tapping your home equity may provide some relief.If you’re struggling with the rising costs of inflation, tapping your home equity may provide some relief. With products like cash-out refinances, home equity loans or HELOCs, you can […]

If You Need Cash in Retirement

 If You Need Cash in Retirement. Retirement & Financial Planning Report. FEDWEEK Reverse mortgages allow homeowners to tap home equity even if they can’t sell their home; this can supplement retirement funds.  While hopefully your plan for funding your retirement will provide what you need, you may find that you have needs for cash that […]

Think you can’t buy a house if you are an older adult, or self-employed?

Think you can’t buy a house if you are an older adult, or self-employed? It might be possible. ‘There is a misconception that older adults cannot obtain a mortgage.’ How I bought my first house in my 60s I wanted to buy a house of my own. After several years filled with changes in location, […]

Half of Americans Without Retirement Plans at Work

Half of Americans Without Retirement Plans at Work Nearly half of workers in the U.S. do not have access to retirement plans at work, according to a new AARP study. Nearly 57 million people — 48% of American private sector employees ages 18 to 64 — work for an employer that does not offer either […]

Reverse Mortgage to pay for long-term care

Should you use a reverse mortgage to pay for long-term care? Someone turning 65 has nearly a 7-in-10 chance of needing long-term care in the future, according to the Department of Health and Human Services, and many don’t have the savings to manage the cost of assisted living. But they may have a mortgage-free home […]

How Does a Reverse Mortgage Work.

How Does a Reverse Mortgage Work. For many retirees, their largest asset is their home — but they might not be ready to sell to cash in on their equity. That’s where a reverse mortgage can come into play. A reverse mortgage allows people aged 62 and older to continue to live in and own […]

Unconventional Ways to Fund Your Retirement

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 […]

Leveraging HomeEquity

Rethinking estate planning: Leveraging HomeEquity’s CHIP Reverse Mortgage Wealth Professional spoke to HomeEquity’s Andrew Cairns about the timely topic of estate planning. Rethinking estate planning: Leveraging HomeEquity’s CHIP Reverse Mortgage By Chris Davies “I think,” says Andrew Cairns, National Lead of Wealth Management at HomeEquity Bank, “that there’s an opportunity for reverse mortgages to put […]