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Asked by someone from CO on 3/25/2019
A NewRetirement User says
Often times, there are big changes that are made in the pension law, which will cause the elder people to suffer after retirement. The pension law has many different aspects, and it can get change, in Time. so whenever you feel like, some negative change was announced with your pension, you should directly take help from the elder law NJ ( ... (Read More)
Asked by someone from WA on 7/15/2017
A NewRetirement User says
What advantage did you get from them? (Read More)
Asked by a 61 year old man from IL on 8/12/2019
Steve Chen
Steve Chen,  says
Hi, Good question: there are actually two components to risk tolerance: 1) Your financial capacity for risk - ex. most people of "moderate means" should not be investing in super risky investments that could put a huge dent into their savings and materially impact their future quality of life. 2) Your emotional or behavioral capacity for ... (Read More)
Asked by a 66 year old man from FL on 10/19/2019
Steve Chen
Steve Chen,  says
Hi, The Planner automatically calculates Federal income taxes (and does a blended State tax assumption). If you subscribe to Plus - then the system models Federal and State income taxes and provides more precise capital gains tax modeling as well. (Read More)
Asked by someone from CA on 8/14/2017
A NewRetirement User says
According to the rules, the borrower’s home must be a single-family residence, HUD-approved condo project, manufactured house that meets FHA requirements, or a two-to-four-unit building where they occupy one unit. Other considerations are: The home is the borrower’s principal residence and the borrower owns their home outright or has a low enough ... (Read More)
Asked by someone from OR on 4/26/2018
A NewRetirement User says
That's a great question. You can stay in the home as long as you live. Eventually the mortgage is due: upon the death of the last remaining resident, the voluntary sale of the home, or moving out of the home for 12 months or more. At that time the loan must be satisfied More information can be found at Big Reverse Mortgage - ... (Read More)

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