Health overhaul’s long-term care insurance plan bites the dust

0
Kennedy’s original idea was to give families some financial breathing room. Most families cannot afford to hire a home health aide for a frail elder, let alone pay nursing home bills. Care is usually provided by family members, often a spouse who may also have health problems.

Five steps to protect your 401(k) during market activity

0
It’s been a harrowing ride in the stock market lately. So much so that it’s prompted scores of investors to pull money out of the market and park it in bonds or other fixed-income assets.

Top uses for a reverse mortgage

0
By Alain Valles, CRMP, MBA, CSA A Home Equity Conversion Mortgage (HECM) – often called a reverse mortgage - is a federally insured loan program that...

Retirees may find their benefits targeted for cuts

0
It’s a case of broken promises. A growing number of companies are reneging on health insurance and other retirement benefits, leaving retirees scrambling and sometimes uninsured.

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...

Boomers retire, shift from saving to spending

0
The market bottom was just two years ago, so investors are still fearful of steep loses. They’re looking for more ways to guarantee that they can turn their savings into a steady income stream without totally handing over control of their money.

Reverse mortgages: be prepared

0
By Alain Valles, CRMP, MBA, CSA The Greek philosopher Heraclitus said, “Change is the only constant in life.” Time has shown this to be true. The...
Alain Valles is an expert on reverse mortgages.

How are you doing? – A reverse mortgage may allow you to do better

  By Alain Valles, CSA, MS, MBA, Powerhouse Funding Corp. When asked “How are you doing?” do you answer truthfully? I hope you are doing fine health-wise,...

5 signs U.S. job market finally accelerating

0
More workers in the prime 25- to 54-year-old age group are finding jobs. The winter freeze was less destructive to hiring than had been assumed. Layoffs have declined since February. And an increase in hours worked suggest that incomes will rise.

Estate planning: you can’t afford to wait

0
f you’re like most people, you probably have a list of reasons why you haven’t established your estate plan.