5 Reverse Mortgage Tips

5 Reverse Mortgage Tips

If you’re in your 60s and own your home, chances are you’ve heard about reverse mortgages—or will soon. A reverse mortgage is a type of loan that allows homeowners ages 62 and older, typically who’ve paid off their mortgage, to borrow part of their home’s...
How To Do a Reverse Mortgage

How To Do a Reverse Mortgage

Reverse Mortgage Must-Know Info A reverse mortgage was originally designed so that seniors who own their homes or have considerable equity in their homes can free up cash for living expenses without selling their homes. To qualify for a reverse mortgage, you must:...
Retire Early: 5 Tips for Relaxing Earlier

Retire Early: 5 Tips for Relaxing Earlier

Retire Early: The 5 Step Guide to Relaxing Earlier For many Americans, the idea of early retirement is pure fantasy — many surveys suggest that a good portion of us are convinced we’ll never be able to retire at all. But what if retiring early isn’t quite as...
A Common Reverse Mortgage Case Scenario

A Common Reverse Mortgage Case Scenario

Here is a Reverse Mortgage Case Scenario. Let’s figure it out. Reverse Mortgage Question: Dear Retirement Adviser, Our home has had a reverse mortgage since 2008 when my husband turned 62 years old. We are retired and I’m now 62. I feel like I need to be added...
7 Costs That Will Decline In Retirement

7 Costs That Will Decline In Retirement

Retirement Means These Costs Will Decrease Many people dream of retiring early but hesitate to make the jump because they are worried about losing the security of incoming paychecks. Yet, retirement might not be as expensive as you think. Once you retire you...