How can seniors access their most valuable asset? Many homeowners 62 and older are facing a retirement quandary. Their wealth is tied up in their home—two-thirds of the average retiree’s net worth is home equity. As long as that money is tied up it has the same cash value as Monopoly money. The New…
Bankruptcy is blocking the path to a secure retirement Declaring bankruptcy is probably at the bottom of every senior’s retirement “bucket list”. But, public records show an increased number of filings for retirement aged Americans. It also brings into focus the value of The New Reverse Mortgage as part of a well conceived retirement plan.…
So who wants to be a millionaire? Not too many seniors can say they have a million dollars saved for retirement. Even fewer can say they will have $1 million 30 years into retirement. The New Reverse Mortgage is making it a possibility for countless seniors. Becoming a millionaire requires a coordinated strategy Several studies…
Are you ready for retirement? Most Americans are not as prepared as they should be. Here are some important retirement dates and milestones to remember. Important Financial Milestones Your 59th Birthday This is the date that you can start withdrawing from an IRA or 401k without having to pay a penalty for early withdrawals. Once…
Right sizing retirement can lead to a secure future for seniors According to the National Association of Realtors’ 2015 White Paper on Home Buyers and Sellers. 41% of home buyers were seniors and 48% of home sellers were seniors. It’s not downsizing…it’s right sizing retirement If you were to ask most real estate and mortgage…
The New Reverse Mortgage is part of a well thought out retirement plan The New Reverse Mortgage can help you access your most valuable asset In it’s current state your home’s equity has the same value as monopoly money, it’s nice to think about but it won’t be much help in a financial emergency. With…
