Tag: retirees equity line of credit

The New Reverse Mortgage when the “tax torpedo” threatens to sink your retirement

Will the Tax Torpedo sink your retirement? Benjamin Franklin is credited with coining the phrase “nothing is certain but death and taxes”. Viewing retirement in 2018 through an admittedly imperfect telescope, we can say old Ben hit the nail on the head. There is a deadly tax lurking just beneath the surface of what seems…

25 retirement solutions with The New Reverse Mortgage

Reverse Mortgage to the Rescue – 25 Ways to Use Your Home Equity “Self-sufficiency, the greatest gift you can give your family” During our working years, most of us spend our earnings supporting our home. When we retire, it seems only fitting that our home help support us. Home equity is our most valuable asset.…

Will you be the “new normal” in retirement?

The Housing Bubble and the new normal If you’re one of the countless number of seniors heading into retirement carrying housing related debt, then you are the new normal. When the housing market bottomed out in 2009 it put pre-retirees in a precarious position. Not only did their investment accounts take a hit but most…