Tag: retirement help

use your home to stay at home

The cost of staying healthy in retirement

Without question, it costs a lot of money to stay healthy in America. When Dave and Linda retired they planned on twenty plus years of golf, travel and spending time with their kids and grand kids. They had (they thought) sufficient savings to carry themselves over those unforeseen expenses that are just part of everyday…

Conventional wisdom of reverse mortgages

Conventional wisdom is not always wise

When it comes to The New Reverse Mortgage is conventional wisdom always wise? Historically, home equity has been the “sacred cow” of retirement planning, only to be used as a last resort and not at all if possible. This ‘conventional wisdom” has created a generation of retirees who are “house rich but cash poor” and…

reverse mortgage lender

Choosing the right reverse mortgage lender

How do I choose the right New Reverse Mortgage Lender? The New Reverse Mortgage is more than just a loan program it’s a retirement lifeline. So finding the right professional to answer your questions is the first step in deciding if a reverse mortgage is right for you. Because 99% of reverse mortgages are HUD…

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 had a way of checking in usually when least expected. Retirement planning used to be relatively easy.…

senior homeowners

California seniors in line for property tax relief

November election promises property tax relief for California seniors A ballot initiative for the November election, The California Proposition 13 Tax Transfer Initiative, would amend Prop 13 to allow senior homeowners or severely disabled homebuyers to transfer their property tax base to a replacement residence for any price, in any County and as many times…

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.…