We all have our own ideal retirement thoughts. One thing for certain is we all want to be financially secure. For some, retirement may be to own a house in their desired location. Did you know that you can still purchase a home in your retirement years? Unlike a conventional mortgage, a HECM (Home Equity Conversion Mortgage) for purchase loan program could help you buy…
We all look forward to that glorious day when we can retire. Traveling, recreational activities and great times with friends and family may be how we spend our time. The closer we get to retirement age however; we may realize that we may’ve not saved enough to retire in the lifestyle that we had hoped. Will you have to delay your retirement? You’ve spent most…
A reverse mortgage is one way seniors can boost their retirement income or use the home equity they have built up over the years to do something they’ve always wanted to do.
Finally saying goodbye to your career can be bittersweet.
As people draw closer to retirement, many begin to plan how they will support themselves after they leave the workforce one last time.
Planning your retirement budget requires identifying your sources of income, such as Social Security, 401(k) plans or, for some, reverse mortgages.
There will be about 73 million Americans age 65 or older by the year 2030. Of those, 90 percent or more will want to remain in their home according to an Aging-in-Place report.