Blog
2,
2017
If you’re planning your retirement or are already retired, the state you live in matters. Because individual states have different tax laws, varying affordability levels, and a range of benefits (and drawbacks) for retirees — where you retire will have a dramatic impact on your life. Wallethub recently ranked the top five states to retire […]
13,
2017
If you or a family member are considering a reverse mortgage, it’s important to research them beforehand. Websites such as the Federal Trade Commission provide excellent and credible information on reverse mortgages, and are a great place to start your research. This blog has also provided information on specific situations where a reverse mortgage could […]
24,
2017
A recent study estimates that as many as 33% of Americans have $0 saved away for retirement, and over half have “less than $10,000.” Fewer employers offer any form of retirement package, and given the financial demands of the modern household, it’s no wonder that so few workers are able to save for the future. […]
5,
2016
Are you thinking about retirement? Or do you have retired family members? If either answer is yes, then affordable housing and a low cost-of-living are important issues. GoBankingRates.com recently analyzed cost-of-living indexes and consumer expenditure data to rank America’s cheapest cities to retire. Here are the five most affordable cities, in descending order: 5. Mobile, […]
4,
2016
Seniors are living longer than ever, a trend that’s expected to continue in decades ahead. In fact, a recent report from the National Center for Health Statistics found that a 65-year-old American can expect to live to the age of 84.3—or for 19 years past the age of retirement Because seniors are living longer, they […]
14,
2016
With mortgage rates averaging less than 5% for the past five years—and 2015 set to become year No. 6 in that trend—there’s never been a better time to carry a mortgage into retirement, right? Not so fast. While it’s an appealing idea to hold onto a predictable monthly mortgage payment and plow into retirement savings […]