Asset dissipation is a calculation of how much income you would have each month if you sold all your liquid assets for cash, then figured out how much income you would...
What is an Upside-Down Mortgage?
When you buy a home, the property’s value will appreciate over time, allowing it to build equity. However, this isn’t the case with upside-down mortgages. Having an...
Annuities Advantages & Disadvantages: What You Should Know
Pros & Cons of Annuities: Thinking About Retirement Saving for retirement is a financial task that should be on top of everyone’s list, but it’s not as easy as it...
What are the Most (And Least) Tax Friendly States for Retirees?
Understanding Retirement Income and Taxes Retirement is a time for relaxation, reflection, and enjoyment of the simple things in life. Having healthy retirement savings...
5 Retirement Income Strategies to Generate More Money
5 Retirement Income Strategies Retirement can be a financially tricky time for many people. After a lifetime of work and, in many cases, consistent raises as you...
What Does Being an Executor of a Will Mean?
What Does Executor of a Will Mean? You may have heard of the executor of a will before — but what does being the executor of a will mean? The executor of a will ensures...
How Much is Income Tax for Seniors? (And How to Plan Effectively)
Planning for Taxes in Retirement Many changes come when you retire—no more rush hour commute or 9 to 5 workday. One thing that does remain constant when you enter...
How to Create a Budget for Seniors on a Fixed Income in Retirement
As many working Americans approach the end of their career, they begin to worry over how to budget income for a long, full, and vibrant retirement.
Why an HECM Loan is Better Than Other Reverse Mortgage Alternatives
As you examine your retirement options, you may consider using a Home Equity Conversion Mortgage, commonly called an HECM Loan or a reverse mortgage.
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....