Tag: retirement planning

bridging SSI gap

Bridging the SSI Gap with The New Reverse Mortgage

When is the best time take SSI?…When you need it most For many of us taking our Social Security benefits at 62 sometimes is an economic necessity rather than an option.  But the longer you wait the more SSI you’re entitled to. If you wait until you reach age 70, your monthly Social Security Benefit…

your retirement

The chicken, the pig and your retirement

Get committed to planning your retirement There is an old parable about a chicken trying to convince a pig to start a ham and eggs restaurant. The chicken realizes that the pig is a little hesitant in their joint venture and after further probing, the pig expresses his reservations. He tells the chicken he’s has…

use your home to stay at home

To stay at home…use your home

We have some Good News and Bad News about your retirement The Good News – You’re likely to live a retirement of more than 30 years… The Bad News  –  You’re likely to live a retirement of more than 30 years… When surveyed 83% of senior citizens expressed a desire to stay in their home…

family M word discussion

Discussing the dreaded “M” word with your family

By taking care of yourself now, you and all those who are close to you can breathe a sigh of relief and live long and unencumbered lives. Related: 25 ways to use The New Reverse Mortgage Money and family chat an oxymoron? For many families, the words parents, money and family chat never appear in…

Don’t let the Tax Torpedo 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 Ol’ Ben hit the nail on the head. There is a deadly tax lurking just beneath the surface of what seems…

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…