Reverse mortgage: A lifesaver
Reverse mortgages have helped tens of thousands of older homeowners avoid serious financial difficulties by converting illiquid home equity into available tax-free cash. Recent changes in this government-insured loan program have helped to significantly reduce the cost while also strengthening protection for the borrower.
Social Security and reverse mortgages
By Alain Valles, CRMP, MBA, CSA
Is 62 the best time to start receiving Social Security?
According to the Social Security Administration, you may start receiving...
More Roth IRA conversions allowed
In retirement, your paycheck might go away, but taxes won’t.
Still your tax bill can be hard to predict. To have some control over how much you pay the government each year, you should have both taxable and non-taxable accounts from which to draw your retirement income.
Retirees may find their benefits targeted for cuts
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.
Estate planning: you can’t afford to wait
f you’re like most people, you probably have a list of reasons why you haven’t established your estate plan.
Reverse Mortgages – Financial Security
Know your options - Take action
By Alain Valles, MBS, MS
I’ve been helping older homeowners for over 20 years navigate how to financially keep their...
Reverse mortgage basics
By Alain Valles, CRMP, CSA, MS, MBA, Nonprofit Charitable Managing Director
Information you can trust
As Managing Director of the nonprofit charitable mortgage company, Helping Hands...
Thrifty Thursdays – AARP’s fall financial series
By Mike Festa, State Director AARP Massachusetts
AARP is working to ensure you have a brighter and more secure financial future. We provide free tools...
Could a market decline help your 401(k)?
Money managers say take a breath — downturns could offer opportunities to strengthen your retirement savings for the long run.
Your savory recipe for retirement
The gravy is steaming next to the savory stuffing and sweet potatoes. There are four types of pie for dessert — pumpkin, apple, sweet potato, and pecan. Every family has its own unique Thanksgiving dinner traditions but, as we all know, a carefully followed recipe is key to creating a perfect holiday meal.
If you fail to plan, or measure your ingredients poorly, your pie could be a real flop. The same can be said for financial planning and preparing for your future.
