1-866-840-0279TABLE OF CONTENTS Downsizing Selling to a family member Refinancing Home Equity Loan or Home Equity Line of Credit (HELOC) Renting Social Security benefits & assistance programs Reduce cost of living How to make the best decision As you examine your retirement...
Nicole Hendrickson
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 the end of their career. Seniors often find themselves wondering how much they need to retire and how long those retirement...
How to Search for Unclaimed Retirement Benefits (And Find Them!)
TABLE OF CONTENTS Social Security benefits Previous employers’ retirement accounts Insurance benefits Other unclaimed sources of retirement funding Many seniors find planning for retirement difficult. While under ideal circumstances you might have saved money...
Current Reverse Mortgage Interest Rates (2020)
TABLE OF CONTENTS What is the interest rate on a reverse mortgage? What’s the difference between a fixed interest rate and a variable interest rate? What are other reverse mortgage costs? As you consider whether a reverse mortgage is right for your financial...
Retirement Asset Allocation for Retirees
TABLE OF CONTENTS What is asset allocation? What is an asset allocation strategy? What should my asset allocation be for my age? It’s wise for seniors to consider their asset allocation in retirement. This new chapter in life likely comes with a change in financial...
Paying for Senior Care: 5 Ways to Pay for Senior Living
TABLE OF CONTENTS Coverage through Medicare and Medicaid Private insurance coverage Investments and retirement savings Family & personal contributions Reverse mortgage benefits Takeaways As seniors progress through life, medical conditions may have them wondering...
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Reverse Mortgage Age Requirements
Reverse mortgages can be a great way to fund your retirement, whether as your primary form of retirement cash flow or as a supplement to retirement savings, Social Security, or pensions. However, not everyone is eligible for a reverse mortgage, also known as a home...
How Much Money Do You Get from a Reverse Mortgage?
Reverse mortgages are a great way to secure a steady stream of retirement income, whether as your primary source of funding or as a supplement to other forms of cash flow. However, given that many retirees plan to rely heavily on reverse mortgage proceeds to fund...
What Closing Documents are Needed for a Reverse Mortgage?
Reverse mortgages allow retirees 62 years of age and older to use their home’s equity for an additional source of income. This is a valuable financial tool for senior homeowners as it provides a reliable cash flow for them to enjoy their retirement to the fullest. To...