Category: Reverse Mortgage to the Rescue

new retirement plan

I think we’re going to need a new retirement plan

I think we’re going to need a new retirement plan When Steve and Rachel bought their home in 1990 they knew it would be their last move. Situated in a quiet senior community it had all the amenities they wanted. But like many seniors they overlooked the fact that as they age so does their…

Debt – Retirement’s Public Enemy #1

Are you swimming in equity but drowning in debt? Without question Public Enemy #1 of a secure retirement is credit debit. Whether it’s your home’s mortgage, car payments, credit cards or even student loans. Those monthly payments and the accruing interest have countless baby boomers wondering how they will survive the next 20-30 years on…

new retirement plan

What to do when retirement doesn’t go as planned

When retirement doesn’t go as planned…get a new plan The Scottish poet Robert Burns warned us that the “best laid plans…often go awry.” Robbie knew, even in the 18th century, that no matter how much we planned, reality checked in usually when least expected. Retirement planning used to be relatively easy. Fixed incomes and stable…

reverse mortgage to the rescue

More seniors want to remodel not replace

To stay at home…use your home When Pam finally contacted us, she was almost at the end of her rope. “I’m calling for my parents, they insist on staying in their home but they’re both struggling to get around and I’m afraid they’ll get hurt with their current living conditions.” Remodel or replace? Her parents…

dream retirement

Finding retirement dream home in California

Robert and Melissa had achieved their dream retirement. Their 3200 sq.foot, 4 bedroom/3 bathroom home was perfect for the two of them. Located on the 10th fairway in one of the most prestigious gated golf communities in Arizona, they were living in their forever home. Or so they thought! They came to realize their dream…

medicare surcharges

Save thousands of dollars on Medicare surcharges

In case you haven’t heard Medicare surcharges are on their way up The Collins Dictionary defines “surcharge” as: A surcharge is an extra payment of money in addition to the usual payment for something. It is added for a specific reason. Medicare ushered in a new income scale as the basis for Medicare high-income surcharges.…