Category: Reverse Mortgage to the Rescue

medicare donut hole

Taking the bite out of the Medicare “donut hole”

The Medicare donut hole is catching countless seniors unaware As we get older taking prescription drugs is a fact of life and the costs of these drugs continue to skyrocket. In simpler times retirement planning was less complicated than it is for us today. There were more defined benefits retirement plans that provided you with…

involuntary retirement

What to do when you’re involuntarily retired

The best time to plan your retirement is before the boss does! Getting a pink slip along with your paycheck can be devastating for anyone but for baby boomers it is likely life changing. Call it what you like but at 63 Norm knew a pink slip meant he had just met “involuntary retirement” There…

When you’re house rich but cash poor

The New Reverse Mortgage for when you’re house rich and cash poor Frank and Lola had lived in and around San Diego for most of their lives. As much as they would like to stay in America’s Finest City, they really wanted to downsize and be closer to their kids, grandkids (and soon to be…

love home

Sometimes not getting a reverse mortgage is a life changing decision

A Reverse Mortgage could have made a difference… For countless seniors getting a Reverse Mortgage can be a life changing decision. Sometimes not getting a Reverse Mortgage can be a life changing decision. John and Linda were like most pre-retirement couples, they wanted to see if a Reverse Mortgage fit into their retirement plans. John…

Solving your personal health care puzzle

It’s better than pain relievers and anti-depressants Trump-Care, Obama-Care or No-Care, the #1 area of concern for most seniors is how they will pay for health care in retirement. Without question, it costs a lot of money to stay healthy in America. AARP dishes on the health care dilemma On the health care bill recently…

perfect retirement strategy

Using your home to stay at home the perfect retirement strategy?

What is the perfect retirement strategy? I’m not sure there’s a single right answer but having the peace of mind to know your retirement portfolio will last 20-30 years is likely a good starting point. Of course as an alternate plan you can continue to buy lottery tickets until you hit the big one. Unfortunately,…