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6 Simple Ways to Cut Costs & Save During Retirement

A safe and comfortable retirement is a goal for most retirees, but living on a fixed income can make it seem impossible. Since there is no safety of a steady paycheck, many are left feeling overwhelmed, looking for options to accommodate their growing needs. So how do you make sure that you spend your retirement […]

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Steve Vernon of CBS MoneyWatch touts reverse mortgage loans

The article dispels many of the misconceptions about reverse mortgage loans including fees, legacies and policy while also explaining how the product offers an opportunity to tap home equity without selling the home – an option often overlooked based on the research. Read the full article here: https://cbsnews.com/news/reverse-mortgages-rodney-dangerfield-of-retirement-planning/

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CBS MoneyWatch: A smart way for seniors to tap home equity

Well-known financial writer, Kathy Kristoff (CBS MoneyWatch, Kiplinger’s Personal Finance, and author of Investing 101) published an article recently about the smart ways older Americans can use a reverse mortgage in retirement. For this article, Kathy interviewed Executive Vice President of Retail Sales, Paul Fiore, to discuss various retirement planning strategies associated with the reverse mortgage loan including the […]

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USA Today: How to tell if a reverse mortgage is right for you

In an article published this week by USA Today, NerdWallet staff writer Deborah Kearns helps consumers discover whether a reverse mortgage loan is right for them. By covering such topics as how a reverse mortgage works and when to use one, Kearns provides consumers with an overview of what to expect if they’re considering a […]

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Dallas Morning News: “Do Reverse Mortgages Help Out?”

A reverse mortgage line of credit may be the solution to boosting your spendable income in retirement by 25 to 50 percent for the rest of your life as long as you comply with the loan terms, according to an article in the Dallas Morning News. Reverse mortgage loans allow you to borrow against the […]

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Forbes.com: “Reverse Mortgages Can Be a Retiree’s Saving Grace”

It is no surprise that Social Security is the largest retirement income asset of the average American senior. As baby boomers enter retirement age, it is expected to supply more than 50% of income for about two-thirds of Americans in retirement. With such dependency on this single source of income, many Americans may be ill-equipped to […]

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7 Ways to Use Reverse Mortgage as a Financial Planning Tool

In the past, the main purpose of a Reverse Mortgage was to help seniors to fulfill cash needs by allowing them to pull the equity in their homes. But today, many seniors are finding that even if they don’t particularly need to fulfill a cash need, they can take advantage of a reverse mortgage as a tool to […]

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Reverse Mortgage Loans: Too Good To Be True or a Scam?

For over half a century, reverse mortgage loans have enabled more than one million senior homeowners to convert a portion of their home equity into cash in order to supplement their retirement incomes.  Reverse mortgages offer numerous advantages to borrowers, allowing them to retain ownership and live in their homes as long as they comply with loan terms. […]

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Featured Article: 4 Ways to Save Money in Retirement

For a lot of seniors, retirement is like a finish line at the end of a race. You’ve completed a lifetime of hard work, and now you can relax and devote more time to the things you love in life. But although you’ve now got more time to enjoy, the absence of a steady income may […]

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The Best Holiday Gift Ideas for Retirees

If you have a retiree in your life, you may be familiar with the annual head-scratching question of what to get them for holiday gifts. Finding the perfect gift for retirees can prove challenging, especially if they already have a lifetime’s worth of goods or if they are trying to downsize. So what are some […]

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