What the Heck is a HECM?
When it comes to reverse mortgages, there are a lot of acronyms to know. Fortunately, we’re here to help. And if there’s one acronym to start with it’s this: HECM. Learn more about reverse mortgages in our latest video.
Confronting the Costs of Retirement: Healthcare
When it comes to retirement expenses, it’s no secret that healthcare costs have the potential to be a big-ticket item. And as inflation surges in healthcare continue to outpace the rate of general inflation, these costs are only mounting. For workers nearing or entering retirement, healthcare costs are expected to consume a portion of their […]
Great Senior Discounts You May Be Missing Out On
While several businesses offer discounts for seniors, not all of them advertise these promotions – so a little detective work may be in order. Check out these 10 senior discounts you could be taking advantage of.
Confronting the Costs of Retirement: Housing
When it comes to planning for retirement, one of the most common questions is, “How much does it cost to get by?” And the answer is simple – not much less than it did before retirement. According to federal data on consumer spending, households led by 65 or older spend an average of $47,579 per […]
Reverse Mortgage Interest Rates: Crunching the Numbers
If you’re considering a Home Equity Conversion Mortgage (HECM) – also known as a reverse mortgage – you likely have several questions, especially about interest rates. With reverse mortgage interest rates playing a role in how much you may qualify for in funds, it’s important to have an understanding of how they work – and […]
Financial Planning for 2022
As the end of the year draws near, now is the time to reflect on the highs and lows of 2021 – and what may lay ahead for 2022. Check out some of these ways to organize your finances for 2022 in our latest video.
What the HECM is a Reverse Mortgage?!
When it comes to reverse mortgages, there are a lot of acronyms to know. And trying to decode all of them has the potential to leave you feeling as if you’re drowning in alphabet soup. Fortunately, we’re here to help. And if there’s one acronym to start with it’s this: HECM. “So, what the heck […]
Pandemic-Prompted Retirements: Now What?
Due to the pandemic, many people have left the workforce prematurely. If you find yourself entering retirement earlier than anticipated, what happens next? Learn more in our latest video.
Organizing Your Finances for 2022
As the end of the year draws near, now is the time to reflect on the highs and lows of 2021 – and what may lay ahead for 2022. And with the new year on the horizon, today’s consumers are facing some challenges from the get-go – namely soaring inflation rates, potential changes to the […]
Retirement Planning: A Generational Approach
Today’s retirees are living longer, happier, healthier, and more active lives. And you can too – with just a little bit of proactive planning and adapting. Hitting key financial milestones at different ages can put you on the path to a solid retirement. Ready to work towards your retirement goals? Check out these generational approaches […]
10 Senior Discounts You May Be Missing Out on
What’s one of the biggest perks of reaching your golden years? Two words: senior discounts. From grocery stores to transportation and luxury hotels, plenty of businesses offer discounts and promotions exclusively for older customers. So, what’s the catch? While several businesses offer discounts for seniors, not all of them advertise these promotions – so a […]
Pandemic-Prompted Retirements: Now What?
Blog content updated: March 24, 2022 The COVID-19 pandemic has changed life as we know it, beyond the threat the virus poses to our health. It also unleashed a storm of unforeseen circumstances: a volatile stock market, record job losses and unemployment rates, and isolation from loved ones. These factors caused many to leave the workforce […]
Is a Reverse Mortgage Right for You?
Like all financial decisions, opting for a reverse mortgage is a big decision – and must be right for your unique situation. While there is no standard applicant for a reverse mortgage, there are certain qualities that could make you a good candidate for a reverse mortgage.
Managing Inflation Surges on a Fixed-Income
If you’ve recently gone to a store, shopped for groceries, filled up your car with gas, or even picked up a prescription at the local pharmacy – odds are, it cost you more than it used to. So, what’s causing this increase in prices and overall sticker shock? In a word – inflation. As the […]
Cost-Efficient Home Improvements that Won’t Break Your Budget
As we age, so do our homes. And what may have been our dream homes of 30 or even 40 years ago, may now be in need of some updating and TLC. Consider some of these low-cost, high-improvement projects to implement around your house.
A Generational Approach to Retirement Planning
Let’s take a second to think about retirement – what exactly comes to mind? Freedom? More time for the things you love to do? Less stress? These thoughts are idealistic – and something that’s yearned for by Millennial, Generation X, and Baby Boomer workers alike. But with the ever-evolving retirement landscape, these generations will all […]
7 Ways to Improve Your Retirement Lifestyle
Preparing for retirement is like preparing for the trip of a lifetime – you never know exactly what adventures lay ahead. So how can you make the most out of these so-called golden years? Check out these 7 ways to improve your retirement lifestyle.
Are You a Good Candidate for a Reverse Mortgage?
If you’re concerned that your retirement nest egg is not quite big enough, you may be right. More than half of Americans don’t know how much they’ll need to retire comfortably1. And what’s even scarier – over one-fifth of Americans enter the so-called ‘golden years’ with just less than $5,000 in savings1. Even if you […]