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Retirement, the Big Picture

Retirement is supposed to be a time for mental expansion and relaxation after a productive career, not a stressful experience or a grand lesson in frugality.  The path you or your family members take will be based, in most cases, on planning.  T

Jun 06, 2016 | supplemental retirement income Seniors Reverse Mortgage Retirement Planning HECM Reverse Mortgage Financial Planning

Why a Reverse Mortgage Could Be Right for You

If you’re short on cash in retirement but do have equity in your home, you might want to get a reverse mortgage, says Jane Bryant Quinn, author of How to Make Your Money Last: The Indispensable Retirement Guide. New rules for reverse mortgages have

May 18, 2016 | Seniors Reverse Mortgage Retirement Planning Retirement security reverse credit line HECM Reverse Mortgage Financial Assessments

Deciding when to take a reverse mortgage.

Good article on Philly.com.  I agree that a normalization of interest rates will definitely adversely affect procrastinating borrowers with reverse mortgages.  They will look back and regret not taking advantage of the program when internal rate

May 10, 2016 | Retirement Planning Retirement security Reverse Mortgage HECM Reverse Mortgage Seniors

The End Game - Reverse Mortgages

What designates the end game for a reverse mortgage and what happens at this point? There is a significant lack of understanding on how a reverse mortgage actually works and how it ends specifically regarding life and death.  The easiest way to expla

May 06, 2016 | Reverse Mortgage Retirement Planning HECM Reverse Mortgage Seniors

Could Getting a Reverse Mortgage Help You Save Money? NBC News Video

Changes to the HECM reverse mortgage have made it very safe.  However, it is much harder to get and not everyone will be eligible, but for those that do qualify, it can be a terrific way to augment your retirement plan.  &nb

May 02, 2016 | Retirement Planning Retirement security Social Security Seniors HECM Reverse Mortgage Reverse Mortgage supplemental retirement income

How to Determine if a Reverse Mortgage is right for you.

I would like to comment on this Washington Post article to put aside the guess work and focus directly on what a reader or potential homeowner should realistically expect from a reverse mortgage given this situation.  Here's the facts.  The

Apr 25, 2016 | Financial Assessments HECM Reverse Mortgage Retirement Planning Retirement security Seniors Reverse Mortgage supplemental retirement income LESA

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