Reverse mortgage rules have changed

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By Alain Valles The rules covering reverse mortgages changed Nov. 10, 2014. But there is still time to be grandfathered and get a reverse mortgage...

What to expect from your bond mutual fund

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When stock markets tumbled around the world recently, bond funds remained solid once again.

Will you be able to afford to ‘age in place’?

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I love my home. It is familiar, cozy and the place where I feel most secure and comfortable. I never want to leave. In fact, few people are eager to make a change in where they live, even as they grow older and their needs change. Studies have shown that 90 percent of adults over the age of 65 would prefer to stay in their current residence as they age.

The ins and outs of reverse mortgages

By Alain Valles “I heard reverse mortgages are bad” is the response I often receive when I tell people what I do. Fortunately, I don’t...

Reverse mortgages – good to be skeptical

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By Alain Valles, CRMP No other loan product is wrapped in as much mystery and misinformation as a Home Equity Conversion Mortgage (HECM), more commonly...

Joseph McManus, RICP®, Financial Planner, Prudential Advisors

Helping you navigate your finances as you plan for retirement   By Bonnie Adams, Managing Editor Marlborough - Last December the U.S. Congress passed, and President...

Ways to prepare for possible long-term care costs

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Many of us hold on to an idyllic vision of our golden years, imagining we’ll be in good health and living self-sufficiently in our own home.

Mutual Funds: Are you paying too much in fees?

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It’s easy to overlook what’s important when it comes to saving money. Many people would sooner clip a coupon for shampoo than review the expenses they’re paying to invest in mutual funds.
Setbacks in the stock market during a recession are usually temporary, so investors should stick to their long-term plans and not pull money out of the market.

What you can do if inflation leads to a recession

By David Wilkening, Contributing Writer REGION - Inflation is on the minds of just about everyone these days. But could it get even worse? Is...

Older workers bring new purpose to volunteer work

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Stuffing envelopes is out and meaningful work experience is in for a new generation of volunteers.