Tag: retirement planning

How does The New Reverse Mortgage protect my home?

How does The New Reverse Mortgage protect my home? The simple answer is you do, by purchasing a reverse mortgage insurance policy. This policy is part of your closing costs when obtaining The New Reverse Mortgage. Unlike traditional mortgage insurance which is protection for lenders, The New Reverse Mortgage insurance is protection for you and…

How much do you need for a secure retirement?

Do you have $1 million saved for retirement? A recent Huffington Post article proclaimed that retirees need $1 million dollars to have a secure retirement. No doubt that’s probably true but what about the rest of us? If you’re retired or a pre-retiree and you don’t already have that million chances are you won’t make…

Fact checking the New Reverse Mortgage

Fact checking 7 Reverse Mortgage Myths

Fact checking The New Reverse Mortgage Fact checking is the act of checking factual assertions in order to determine the veracity and correctness of the factual statements. There’s an old party game where a story is whispered from guest to guest and then it comes full circle back to the originator. Then the original story…

5 Retirement Strategies using The New Reverse Mortgage

The Retirement Paradox – Retiring for an unpredictable number of years with unpredictable expenses and somewhat-predictable income. The New Reverse Mortgage Refinance Strategy Do you currently make a monthly mortgage payment to the bank and would prefer that they send you a check every month, instead? If this sounds like magic or the late-night rantings…

The New Reverse Mortgage for wealthy homeowners?

The New Reverse Mortgage perfect for wealthy homeowners Even though the New Reverse Mortgage was not designed for wealthy homeowners, there are countless homeowners whose homes are valued at over $1 million are finding that it can be a an important part of their retirement planning. Will the New Reverse Mortgage improve your lifestyle? According…

The surest path to a secure retirement

The surest path to a secure retirement is to have your spending habits match your income “You can be young without money but you can’t be old without it .” — Tennessee Williams A secure retirement will likely be the result of how well you manage your spending habits during retirement. Many retirees focus on…