Tag: reverse mortgage

Ready to be a millionaire in retirement?

So who wants to be a 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 millionaire requires a coordinated strategy Several studies…

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…

right sizing retirement requires planning

Baby Boomers are right sizing retirement

Right sizing retirement can lead to a secure future for seniors According to the National Association of Realtors’ 2015 White Paper on Home Buyers and Sellers. 41% of home buyers were seniors and 48% of home sellers were seniors. It’s not downsizing…it’s right sizing retirement If you were to ask most real estate and mortgage…

The New Reverse Mortgage

The best bargain in the financial markets?

The New Reverse Mortgage is part of a well thought out retirement plan The New Reverse Mortgage can help you access your most valuable asset In it’s current state your home’s equity has the same value as monopoly money, it’s nice to think about but it won’t be much help in a financial emergency. With…

The New Reverse Mortgage

Did the housing bubble cause you to delay retirement?

Millions planning to delay their retirement The bursting of the housing bubble has caused millions of families to delay retirement. According to a recent survey, 20% of pre-retirees made plans to postpone retirement last year. (Note: this pre-retiree finally has a retirement date, lunch time the day of my funeral) Are you “underprepared for retirement?…

Reverse Mortgage and Senior Divorce

Saving the family home when senior citizens divorce

The New Reverse Mortgage helping seniors get through divorce Senior citizens divorce (also called “silver” or “gray” divorce) is becoming more common, and more acceptable. In 2014, people age 50 and above were twice as likely to go through a divorce than in 1990, according to the National Center for Family and Marriage Research at…