Tag: retirement worries

medicare donut hole

Taking the bite out of the Medicare “donut hole”

As we get older taking prescription drugs is a fact of life and the costs of these drugs continue to skyrocket. In simpler times retirement planning was less complicated than it is for us today. There were more defined benefits retirement plans that provided you with a steady pension, and income growth was more pronounced.…

baby boomers pink slip

When Baby Boomers get a pink slip

The two words in the American lexicon that are never good “pink slip” Getting a pink slip along with your paycheck can be devastating but for baby boomers it is something that will affect the next 20 to 30 years. Have you ever been laid off from a job you really enjoyed? Call it what…

love home

Sometimes not getting a reverse mortgage is a life changing decision

A Reverse Mortgage could have made a difference… For countless seniors getting a Reverse Mortgage can be a life changing decision. Sometimes not getting a Reverse Mortgage can be a life changing decision. John and Linda were like most pre-retirement couples, they wanted to see if a Reverse Mortgage fit into their retirement plans. John…

bridging SSI gap

Bridging the SSI Gap with The New Reverse Mortgage

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 can be as much as 57% higher than taking it at…

your retirement

The chicken, the pig and 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 an issue starting the partnership, because…

Avoiding the Retirement Train Wreck

If you’re losing sleep worrying about your retirement we have some Good News and Bad News for you. 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 about their #1 retirement concern,…