Tag: retirement worries

Debunking Reverse Mortgage Myths

Debunking the #1 retirement myth

I give up ownership of my home with a Reverse Mortgage. Unfortunately too many retirees believe this “senior citizen ghost story” to be true and their retirement may be suffering because of that. I can remember when someone asked my father if he owned his home, he always answered: Yes, me and the bank! With…

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…

secure retirement

The New Reverse Mortgage and a secure retirement

5 ways to a safe and secure retirement – Including one that will save you thousand$ Baby boomers agree having a safe and secure retirement is priority one. But in today’s uncertain economy, achieving that goal is challenging to say the least. Many of us have seen our investments decimated by the recent housing crash…

The New Reverse Mortgage

Your equity is your most valuable asset…Protect it!

When is the best time to get a Reverse Mortgage? I was thumbing through a past edition of the AARP magazine and came across an article discussing the pros and cons of Reverse Mortgages and whether it was better to get a reverse mortgage now or wait until you are older when you will be…

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…

The New Reverse Mortgage grounds skyrocketing long term care costs

Long term care costs are skyrocketing Seniors Would Rather Plan to Pay for Funerals Than Long-Term Care The odds are nearly 70% that either you or your spouse will need long-term care services at some point in your lifetime. According to  The Genworth Cost of Care Report: 70 percent of people 65 and older will…