One of the many advantages of reverse mortgages is that you do not need good credit to qualify. In fact, although there are requirements to obtain a reverse mortgage, having a good credit score is not necessarily a determining factor. The Federal Housing Administration (FHA) insures almost all reverse mortgages, which … [Read more...]
Can I save $100 per month towards Retirement?
How can some people have more than $1 million saved for retirement, while others have nothing at all put away for their Golden Years? Two words, retirement planning. Retirement Planning to Succeed Retirement – the thought can be both exciting and daunting. It’s exciting because you finally get the chance to get out … [Read more...]
6 Steps to Retiring With Lots of Cash
Want to retire with a lot of cash? All of us want that, but not all of us achieve that. In order to set yourself up to retire with a lot of cash, you need a proactive retirement plan and strategy to help guide you. In this article, six steps to retire with a lot of cash will be examined: needs and wants; government … [Read more...]
Can I Get A Reverse Mortgage If I Already Have A Mortgage?
Looking for a way to unsaddle yourself from mortgage payments? If you are a homeowner 62-years of age or older, you may be able to qualify for a reverse mortgage, even if you have an existing mortgage on your home. Reverse mortgage loans, formally called home equity conversion mortgages, are based on the equity that is … [Read more...]
5 Critical Retirement Planning Steps Every Gay Couple Should Take
It’s important for every couple to make retirement planning a priority. However, if you are in a same-sex relationship it is especially important because of the complexity of issues that same-sex couples undertake. This advice is doubly true in states where same-sex marriage or civil unions are not recognized. In … [Read more...]
5 Critical Retirement Planning Steps Every Couple Should Take
Have you or your significant other decided to plan for retirement yet? Far too often, couples go through life without paying attention towards their ever-approaching retirement age and are unprepared when that day arrives. That’s why laying the foundation for retirement is so important early on. Even if an IRA or Roth … [Read more...]
10 Critical Steps to an Effective Retirement Plan
Retirement planning can be a daunting and often confusing process. Our resource provides guidance on creating an effective retirement compensation plan and will lead you to understanding an amount that works for you as far as how much you need to retire on. Hopefully you have already initiated some retirement planning … [Read more...]
What Is The Difference Between A Reverse Mortgage And A Regular Mortgage?
Many people have heard of a reverse mortgage and may be wondering what the advantages of these loans are compared to a regular mortgage. Although both loans are labeled mortgages as they use a home as collateral, there are distinct differences between the two. While a regular mortgage has certain credit requirements … [Read more...]
3 Steps for Average 22 Year Olds to Retire Rich
Are you 22 and want to be rich when you retire? What if I told you with three steps, you could be? It’s not too good to be true; it will just take some work. Building a strong retirement plan early can make all the difference. In this article I will lay out a three step plan to be able to retire rich if you start … [Read more...]
When You Should Have Started Saving for Retirement
How could one person invest $1,000 and have $5,400 for retirement, while another might have invested the same amount but only have $2,500 with no additional retirement funds saved up? Every working adult should know at some point in their career that planning for their retirement is vital, especially if he or she have … [Read more...]