Tag: retirement strategies

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 New Reverse Mortgage, not what you think it is

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…

The New Reverse Mortgage

A retirement tool for the 21st century

The retiree’s equity line of credit because everyone needs a Plan B Planning for your retirement is a daunting task for even the best financial planners. Recent studies have shown men have an increasing likelihood to live until age 90 and more women are living until 95. If you take a look back over the…

A Retirement Calculator gives The New Reverse Mortgage some Love

Finally a retirement calculator that gives the New Reverse Mortgage some love. There are countless retirement calculators available that allow users to punch in a few numbers and determine what lifestyle adjustments they will need to make for a secure retirement. Most retirement calculators however, focus only on spending and saving. Which is a good…