1-866-840-0279TABLE OF CONTENTS Personal Loan Peer-to-Peer Loan Line of Credit Debt Consolidation Loan Car Loan Title Loan Home Equity Conversion Loan Retired life should be about travel, family, and leisure. Unfortunately, many seniors find that they are not financially prepared...
Nicole Hendrickson
How to Estimate Expenses in Retirement
TABLE OF CONTENTS Housing costs Monthly food budget Healthcare plans and expenses Leisure and fun activities Supplementing your income to manage expenses Many people feel concerned about their sources of income during retirement and how best to save during the course...
Senior Discounts Age 65 And Above
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...
5 Ways to Find Your Purpose In Retirement
TABLE OF CONTENTS Three factors: happiness, meaning, and purpose How to work toward those three factors Give time to your hobbies Focus on what makes you happy Finding purpose after retirement is something many retirees feel concerned about after leaving their...
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...
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13 Reverse Mortgage Myths Explained
Myth 1: You won’t own your home anymore Myth 2: You’re required to make monthly mortgage payments Myth 3: Your children will be left with the debt Myth 4: To qualify for a reverse mortgage, you can’t have an existing mortgage Myth 5: You won’t be able to sell your...
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...