Tag: retirement strategies

buying a home with the new reverse mortgage

Buying a home with The New Reverse Mortgage

Buying a home with The New Reverse Mortgage is better than paying cash Owning a home without having a mortgage payment has always been the dream of many baby boomers. It was a strategy that worked for their parent’s generation. But the world was simpler then and fixed pensions and Social Security provided income they…

The New Reverse Mortgage puts you on the road to becoming a retirement millionaire

So who wants to be a retirement millionaire? Not too many seniors can say they have a million dollars saved for retirement. Even fewer can say they will have $1 million 30 years into retirement. The New Reverse Mortgage is making it a possibility for countless seniors. Becoming a retirement millionaire requires a coordinated strategy…

Important retirement dates and milestones

Are you ready for retirement? Most Americans are not as prepared as they should be. Here are some important retirement dates and milestones to remember. Important Financial Milestones Your 59th Birthday This is the date that you can start withdrawing from an IRA or 401k without having to pay a penalty for early withdrawals. Once…

The New Reverse Mortgage

Retirement Planning is tricky business

Planning for a comfortable retirement is tricky business Retirement planning can be overwhelming in today’s uncertain economy. We’re trying to figure out how to use the income from our peak earning years, the 70s, 80s and 90s to pay for goods and services at today’s prices. Even though the FED has managed to keep inflation…

The New Reverse Mortgage

The truth about the New Reverse Mortgage

The New Reverse Mortgage isn’t what you think it is. The Reverse Mortgage program was signed into law by President Reagan in 1987. The intent was to provide an instrument for senior homeowners to have a retirement “safety net”. He recognized that the skyrocketing inflation of the early 1980s made it almost impossible for those…

get a retirement paycheck

Your very own Personal Retirement Paycheck

The New Reverse Mortgage can be your Personal Retirement Paycheck When that day finally arrives and you’ve announced your retirement, among the many things that will be different in your life is you’ll no longer be getting a weekly paycheck. And that is going to require some adjustment to the lifestyle to which you have…