Archive | Finance

Not so golden years, money gap remains

William Kistler views retirement like someone tied to the tracks and watching a train coming. It’s looming and threatening, but there’s little he can do.

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What to do when your castle is a hassle

By David J. Dowd Seniors have many more choices for housing than their parents did. Many elders are not aware of some of the available housing choices, others are, but for a variety of reasons do not act. Owning a home can be a blessing, however, as we age it can also become a bit […]

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There’s no need to be afraid of a reverse mortgage

By Alain Valles You’ve heard bits and pieces about reverse mortgages. Perhaps you have read an article, or had a friend suggest that you get a reverse mortgage. But you may have concerns about how safe a reverse mortgage really is. Deep down you’re a bit afraid of being taken advantage of, and wonder if […]

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The new reverse mortgage: A wise decision

By Alain Valles You’ve worked hard, sacrificed for the kids, tried to save for retirement and chipped away at your mortgage. But now you need additional cash for the next chapter of your life. The new reverse mortgage may be your best option for converting your home equity into cash so you can afford the […]

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Heirlooms’ value shifts from sentiment to cash

“Children don’t know what to do with all this stuff, and don’t have room for it, and just get to the point that they throw their hands up and say, ‘This has got to go.’ ”

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If you need cash, find it at home

By Alain Valle News reports tell us the economy is getting better. But for many older people the recession continues to impact their quality of life. The concerns can be overwhelming for seniors. Here are 10 critical financial concerns for older Americans: •Making their monthly mortgage payment; •Having cash on hand; •Needing to pay off […]

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