Tools and resources for a better,
more financially secure retirement.
We understand that planning to secure your financial future can be overwhelming, which is why we’ve simplified things for you. Browse through our articles to better understand the importance of home equity in a retirement plan, how different solutions work, and the various ways you can access your equity for a more secure future.
We Buy Houses – Too Good to Be True?
The letter arrived at just the right time. A week after her mother died in mid-2019, Suzanne was thinking about selling the family home her parents had owned since the early 1990s in the Sacramento foothills of California. A letter from a real estate investor offered close to $300,000 in cash to buy the home. […]Read More
Ways to Get Your House in Financial Order
“If you think nobody cares if you’re alive, try missing a couple of car payments.” – Earl Wilson Over the decades, you’ve probably uttered a variation of the statement, “I need to get my act together.” In your 20s, maybe you were trying to decide on a career path. In your 30s, maybe you wrestled […]Read More
How to Gain Financial Stability in Retirement
Growing older introduces a lot of new challenges, whether it’s learning to deal with a few more aches and pains or mastering Zoom so you can video-chat with your grandkids. That you can handle. What’s really got you tied in knots is how to gain financial stability in retirement. You wouldn’t be alone in your […]Read More
Is a Reverse Mortgage Loan Ever a Good Idea?
If you had asked a house-rich, cash-poor older American whose only source of steady income was Social Security — before they took out a reverse mortgage loan to increase their monthly cash flow and start an emergency fund — they would likely tell you it was a good idea. If you had asked a senior […]Read More
How to Deal with Holiday Debt
The holidays may be the most joyous time of the year and the most dangerous. The temptation and societal pressure to overspend, whether splurging on a new outfit, spoiling a spouse or a grandchild, or filling your shopping cart with shiny, sparkly objects to bedazzle your holiday guests, is almost impossible to resist. If you […]Read More
Financial Planning is Important for Retirement
Even when you were younger, you wouldn’t think of scaling Half Dome without exhaustively planning every detail and contingency for your ascent. Well, the importance of financial planning for your retirement should take on a similar approach. Here are five reasons financial planning is so essential for your retirement: Planning implies active intent, interest, and […]Read More
How to Create an Emergency Fund
An “emergency fund” is essentially a cash reserve set aside for unplanned expenses or financial emergencies. It’s your defense against Murphy’s Law, the idea that anything that can go wrong will go wrong over time, which could negatively impact your home, health, or finances. While defining an emergency fund is relatively easy, determining how much […]Read More
Can you make payments on a reverse mortgage loan?
Most people associate a mortgage with a predetermined set of payments, usually monthly, that you are obligated to make to your lender until your debt (principal and interest) has been satisfied. This borrower-to-lender flow of payments is known as a traditional mortgage. A reverse mortgage reverses the process. Instead of making monthly payments to your […]Read More
Can You Rent Your House If You Have a Reverse Mortgage
The main eligibility requirements for a reverse mortgage are relatively few. You must: Be 62 or older. Own the home. Have substantial equity in the home. Live in the home as your primary residence. If you look at the last requirement, which states you must “live in the home as your primary residence,” then renting […]Read More
CA Prop 19 Expands Homebuying Opportunities
With the Nov. 3, 2020 passage of California’s Proposition 19, homeowners age 55 and older can now transfer their home’s Proposition 13 tax savings to a replacement home, including a more expensive one, anywhere in California. The tax break, which can be used up to three times, also extends to California homeowners with severe disabilities […]Read More