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Browse insightful articles by GoodLife Home Loans about solving the common challenges and concerns of retirement
How Long Will My Retirement Money Last?
Retirement is one of the most important things you can plan for in life, yet many adult Americans find themselves unprepared as they near...
How to Search for Unclaimed Retirement Benefits (And Find Them!)
Many seniors find planning for retirement difficult. While under ideal circumstances you might have saved money throughout your career in preparation for retirement, the reality is that this is often impossible for many people.
Current Reverse Mortgage Interest Rates (2020)
As you consider whether a reverse mortgage is right for your financial circumstances, you should bear in mind how interest rates may affect your loan.
Paying for Senior Care: 5 Ways to Pay for Senior Living
As seniors progress through life, medical conditions may have them wondering how to pay for assisted living or alternative senior care. There’s no problem with seeking medical assistance, and seniors should be confident in their search for the best care for their particular needs.
7 Different Loans for Senior Citizens
Retired life should be about travel, family, and leisure. Unfortunately, many seniors find that they are not financially prepared to live the retirement they’ve dreamt of. In addition to the growing cost of living, retirees may face unexpected medical expenses or necessary home renovations that turn their budget sideways.
How to Estimate Expenses in Retirement
Many people feel concerned about their sources of income during retirement and how best to save during the course of their careers. A healthy retirement savings account is essential, but calculating your average monthly expenses in retirement is a necessary step in the planning process.
Senior Discounts Age 65 And Above
One benefit of being a senior is that you get to enjoy all the senior discounts that retailers, restaurants, and travel companies offer. These discounts are a company’s way of showing their respect and admiration for senior citizens.
What Does Medicare Part A Cover?
Medicare is a government-run insurance system available to seniors who are no longer working. Most Americans get their healthcare through their employers, so once you retire, you might need to find alternative coverage for help with medical expenses.
Can You Get a Reverse Mortgage on a Condo?
If you are eligible for a reverse mortgage, you may be able to obtain one on a condominium unit depending on certain rules and restrictions. Reverse mortgages allow seniors…
Dental Insurance for the Elderly (And Why it is Important to Have)
While budgeting in retirement, many prefer to spend money on the things they feel that they need and avoid digging into their budget for things that they don’t. Dental insurance for seniors often falls into the latter category, as it’s frequently deemed as an “unnecessary” expense.
Reverse Mortgage vs Immediate Annuity Pros & Cons
As you plan for retirement, you might have caught wind of the term “immediate annuity” with promises regarding how this type of security can provide income for life.
19 Best Part Time Jobs for Retirees and Seniors
After decades of working in a career, retirement offers many seniors the opportunity to relax from the stress of a traditional 9-to-5. However, some seniors may still consider a part-time job for extra income or as a means to pass time.
Find out if a GoodLife Home Loans reverse mortgage is right for you.