TABLE OF CONTENTS What are senior discounts? What is the average senior discount age? Taxes & healthcare Help with funding your retirement One benefit of being a senior is that you get to enjoy all the senior discounts that retailers, restaurants, and travel...
Nicole Hendrickson
What Does Medicare Part A Cover?
TABLE OF CONTENTS Overview Eligibility Inpatient care in a hospital Hospice Care Home Healthcare Services 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...
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 age 62 years and up to tap into a portion of their home equity and convert loan...
Dental Insurance for the Elderly (And Why it is Important to Have)
TABLE OF CONTENTS 1. Dentin darkens teeth 2. Medications have negative side effects 3. Receding gums lead to root decay 4. Lost teeth interfere with the jawbone 5. Oral hygiene affects overall health The Lack of Dental Insurance for Seniors under Medicare While...
Reverse Mortgage vs Immediate Annuity Pros & Cons
TABLE OF CONTENTS What is an immediate annuity plan? Annuities: Pros and Cons Reverse Mortgage vs. Immediate Annuity 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...
19 Best Part Time Jobs for Retirees and Seniors
TABLE OF CONTENTS Education Jobs Freelance Jobs Animal Welfare Jobs Service Industry Jobs Volunteer Jobs Other Forms of Income Wrap-Up After decades of working in a career, retirement offers many seniors the opportunity to relax from the stress of a traditional...
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What Does “Principal” Mean in a Mortgage?
What Does a Mortgage "Principal" Mean? As you apply for a reverse mortgage, there will be various terms mentioned that you may be unfamiliar with. One such term you may see frequently is principal. All loans, regardless of the type, begin as principal. This is the...
What Is a Single-Purpose Reverse Mortgage?
There are three main types of reverse mortgages: federally insured reverse mortgages, proprietary reverse mortgages, and single-purpose reverse mortgages. While single-purpose reverse mortgages are the least common of the three, this type of mortgage is affordable and...
What is a Mortgage Loan Officer?
In short, a mortgage loan officer is someone who helps borrowers throughout the mortgage loan application process. Read more below about their specific tasks and how working with one can help you reach your loan goals. What Is a Loan Officer? A loan officer is an...