Planning for retirement – Traditional IRA versus Roth IRA
By Joseph McManus, RICP®, Financial Planner, Prudential Advisors
There are many vehicles used for retirement planning. One of the most common is the traditional IRA (individual...
Reverse Mortgages – Ask the Expert
By Alain Valles, CRMP, CSA, MS, MBA (Photo Alain Valles, Photo submitted)
You are invited to ask the questions. No question is too trivial or...
What types of people get a reverse mortgage?
By Alain Valles, CRMP, President- Direct Finance Corp.
Let's play a little game. The next time you attend a high school class reunion, visit your...
Can young and old work together?
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.
Fighting fraud
On the heels of a new report showing the top scam in Massachusetts involves debt collection, the AARP Fraud Watch Network offers tips so you can learn how to protect yourself from the five top scams reported by Massachusetts residents in 2015.
According to the FTC’s Consumer Sentinel Network Data Book, of the 46,414 Massachusetts complaints recorded last year, 37,884 were fraud-related, ranking the Bay State at number 22 of 50 states.
What to expect from your bond mutual fund
When stock markets tumbled around the world recently, bond funds remained solid once again.
Reverse mortgages: be prepared
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...
Reverse Mortgages: What’s the buzz?
Reverse mortgages are a unique, government insured loan program that allows eligible homeowners 62 years old or older to access their home equity for immediate cash, a line of credit, a monthly check, or a combination of the three. In all cases, the homeowner has the right to never again make a monthly mortgage payment, as long as the real estate taxes and insurance are paid and other requirements are met.
Financial advice proves helpful for self-employed individuals planning for retirement
By Leslie Anderson, Contributing Writer
REGION - Operating a successful business reflects long-held goals for many people. Working for oneself provides a certain satisfaction of...
Non-profit credit unions are known for service
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...
