reverse mortgage alabama Archives | Page 7 of 9

Reverse Mortgages Included Among Tips to Strengthen Retirement by U.S. News A new article at U.S. News and World Report giving recommendations on strengthening retirement security offers reverse mortgages as one of the potential tools a senior can use to bolster their financial security in retirement. Among the recommendations from U.S. News contributor Craig Stephens, downsizing…

7 Traits for a good Financial Adviser Getting good financial advice isn’t just about stocks and bonds. It’s about the relationship and trust you have with your adviser. Here’s how to evaluate whether your professional is doing a good job and is the right fit for you. Thanks to steady technological advances, financial advisers now…

Overcoming Low-Income Seniors’ Financial Challenges People over the age of 50 with low-to-moderate incomes are facing an increasingly intense and unique set of financial challenges as traditional late-life retirement funding options, like an employer’s pension, become less available. This is according to a study conducted jointly by the Center for Financial Services Innovation (CFSI) and…

Harvard Business Review: How Retirement Changes Your Identity Studies show that people who are able to afford a full retirement – and who will also be healthy enough to enjoy it – are generally much happier in retirement since their working life is behind them, and they can instead spend their time doing the things they…

Your home helps fund your retirement Many people live in their most valuable asset- their home. Here’s how its value could help you retire on your terms. Story from Merrill Lynch; one of the first large financial planner group that understood the HECM concept and how it helps sustain longevity. Also, Merrill Lynch send me…

Financial Planners Warm to Reverse Mortgages, Though There’s Still Work to Do Although there are still issues in the general reputation of reverse mortgage product offerings, more financial advisors and planners have shown signs of warming up to the product and how it could help their clients to fund retirement. This is according to a…

More Proceeds Its hard to explain sometimes that the same base rate on a Reverse Mortgage can fluctuate and give you more money that another; it even harder to get a prospective client to believe me when I tell them that. All other things being equal, prospective borrowers of a Home Equity Conversion Mortgage (HECM)…

I have noticed a tremendous upswing of clients who went to their bank, credit union, or financial planner to ask who does Reverse Mortgages? Usually they find me because a friend was a previous client or the internet. I just simply want the local Birmingham and Huntsville Bank, Credit Union, and Financial Planner to be…

How to “Unplug” from Caregiving I have worked with more power of attorneys, conservator ships, in home care companies than I could count and I thought I was the expert. Then I was on the other side of the fence, and found out there is so much more than funding in home care. My mom…

Lifestyle Senior Mortgages There exists a propensity to look at reverse mortgages as only necessary for indebted seniors, but they are also a great way for savvy, well-heeled seniors to buoy their investment portfolios. “The one thing I disagree with is it’s not only a mortgage designed for people to pay off debt,” said Darlene…