Finance

Reverse mortgages are government-insured loans also known as Home Equity Conversion Mortgages (HECMs).

By Judith Graham REGION - For decades, Americans have been urged to fill out documents specifying their end-of-life wishes before becoming terminally ill — living wills,...

Put people of widely different ages together and there are bound to be differences. Baby boomers, for example, may be workaholics, while younger workers may demand more of a work-life balance.

If you’re approaching retirement or hopefully enjoying retirement, there may be a nagging concern of have you done everything possible to minimize your financial risks?  Whether you have professional advisors, do your own planning - or perhaps worse, ignore the entire topic - below are economic areas that can affect your quality of life once you stop working:

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.

If you own your own home and believe that it is protected because you have a Declaration of Homestead it is important that you and your loved ones fully understand the law.

By Alain Valles There is great joy helping seniors implement a long term home ownership and retirement plan. It is gratifying to see a senior...

You’ve heard the word reverse mortgage and likely know that for those who qualify they can receive a lump sum of cash, a monthly stream of cash, a line of credit that grows over time, or any combination of the three. All without ever being required to make a monthly payment for the rest of their lives as long as the real estate taxes and insurance are paid and other guidelines met.

By Alain Vallès, CSA, MS, MBA, Managing Director Helping Hands Community Partners, Inc. 781-724-6221/av@hhcp.org   Many of us are currently facing very tough economic times and uncertainty.  And...

By David A. L’Ecuyer Many people get confused or simply don’t appreciate the difference between banks and credit unions. Both banks and credit unions offer...