We all do it: envision our retirements as a luxuriously relaxing period of travelling and crossing off our bucket list items. While this is the general goal for most of us, preparing for retirement co
You’ve Taken Care of Your Home Your Entire Life; Let It Return the Favor
As we age, healthcare issues can become a huge concern for older Americans. “Americans turning 65 this year can expect on average to pay $138,000 in future long-term care services and supports (LTSS)
6 Common Myths about Reverse Mortgages
There’s certainly no shortage of myths in our world. Despite tremendous advances in medicine and technology, myths still persist in today’s world. Today, we all understand that the Earth is round, but
FHA Reverse Mortgage
An FHA reverse mortgage, also known as a Home Equity Conversion Mortgage (HECM), is a loan insured by the United States Federal Government.
After the Great Depression, the United States Congress passe
How Can I Keep My Money from Slipping Away?
As with virtually all financial matters, the easiest way to be successful with a cash management program is to develop a systematic and disciplined approach.
By spending a few minutes each week to mai
Aging in Place
According to the Families USA Senior Watch, nineteen to one, older Americans in need of long term care, would prefer to be cared for at home. These older adults who are over 65 years of ag
Senior Home Owners Find Financial Resource in Reverse Mortgages
For many seniors the equity in their home is their largest single asset, yet it is unavailable to use unless they use a home equity loan. But a conventional loan really doesn’t free up the equity beca