Become a volunteer advocate for AARP Massachusetts
By Mike Festa, State Director, AARP Massachusetts
AARP Massachusetts has been hard at work building and training a special group of volunteers to join our...
The annual physical and financial housing check-ups
By Alain Valles, CRMP, CSA, MS, MBA, Nonprofit Managing Director
The doctor visit
Universal advice is to have a physical exam. This gives you the opportunity...
Yes, you can still sell your home in a down market
The bright side of selling a home in a down market is you get to seek your own bargain if you’re going to buy after you’re done. Closing a sale, however, can be teeth-grindingly slow if you don’t do everything right — and maybe even if you do.
Properly managing student loan debt is even more important for older borrowers
By Nance Ebert, Contributing Writer
REGION - Student loan debt is a heavy burden for people of all ages. But did you know that borrowers...
Reverse mortgage myth busters
By Alain Valles
Reverse mortgages are becoming a crucial component of financial planning for senior homeowners. These government-insured loans, also known as Home Equity Conversion...
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...
Recommendations from the Elder Economic Index Report
It’s no surprise that the older adult population in Massachusetts is increasing rapidly. In 2010, those aged 65 and older accounted for 14 percent of the state’s population. However, by 2030, that figure will grow to 21 percent. To be economically secure at any age, one’s income must cover basic living expenses. If housing, health care, food, transportation and other incremental expenses are not sufficiently covered by household income, we must support effective strategies to fill the gap or the household will suffer severe economic hardship in retirement.
Don’t become a victim of Internet fraud
By Brett Peruzzi, Associate Editor
The con artists of times past haven’t gone away; they’ve just gone online. And older adults are increasingly becoming victims...
Take action before the reverse mortgage rules change in March
By Alain Valles
Over the past 25 years hundreds of thousands of homeowners age 62 years or older have converted the equity in their home...
Time to take a new look at reverse mortgages
By Alain Valles
Since 1987, reverse mortgages, also known as Home Equity Conversion Mortgages (HECMs), have been a viable option for hundreds of thousands of...
