Archive | Finance

Small business owners neglect retirement savings

“I started thinking about all the money that had run through my hands over the years, millions of dollars,” says Kari Block, owner of Earth-Kind.

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The second empty nest takes some getting used to

By Marianne Delorey © John Andrew Holmes once wrote, “A child enters your home and makes so much noise for 20 years that you can hardly stand it. The child departs, leaving the house so silent that you think you are going mad.” Therefore, many seniors, having lived in relative solitude for decades, find living […]

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It’s not too late to get a reverse mortgage

By Alain Valles Changes are coming for the federally insured Home Equity Conversion Mortgage (HECM), also known as a reverse mortgage. For the past 25 years, this beneficial loan program has allowed thousands of qualified senior homeowners to convert the equity they have in their home into tax-free cash. However, this will soon be changing. […]

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Best time to sell a house is sooner rather than later

By David J. Dowd The best time to sell a house can be a financial or lifestyle decision. A common phrase is, “I wish I moved years ago.” Moving seems overwhelming, and people think they will get more money by fixing the home first or waiting for market conditions to improve. Sound familiar? Then reconsider […]

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Most couples avoid retirement investment conversations

Approximately four in 10 couples that aren’t yet retired disagree as to the lifestyle they expect to live in retirement. One in three couples disagree as to their ideal vision for retirement.

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Reverse mortgage myth busters

By Alain Valles Reverse mortgages are becoming a crucial component of financial planning for senior homeowners. These government-insured loans, also known as Home Equity Conversion Mortgages (HECMs), convert illiquid home equity into tax-free cash. Though reverse mortgages were introduced in 1987, many people still carry old and misguided ideas about what a reverse mortgage is […]

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