The Complete Guide to Reverse Mortgage Interest Rates and Fees
This is the most complete online guide to all of the costs associated with reverse mortgages including reverse mortgage interest rates.
Author: Editorial Team
Retirement Advice from Suze Orman New Book
Suze Orman new book? Yep! She has been a source of reliable financial advice for 25 years. Her best-selling book You’ve Earned It, Don’t Lose It has sold over three million copies. The Suze Orman Show was a hit that ran on CNBC for 13 years. And, now it looks like she has another blockbuster…
10 Exceptional Tips for the Average Joe or Jane as You Transition to Retirement
We boomers were never average. However, here are 10 exceptional tips for the transition to retirement that apply to us all. Read now…
Laid Off Due to Coronavirus? Here Are 9 Tips for Navigating this Uncertain Time as You Look Toward an Early Retirement (or Not)
Have you been laid off? Out of work? Considering retirement? Explore 9 tips for this uncertain time. Get through the short term and plan for the long term.
Will the Coronavirus Impact on Investment Markets and the Economy Be Particularly Difficult for Retirees and People Close to Retirement?
Here are some thoughts from Jim Seifert on the economy and retirement amid the coronavirus crisis. Jim was a serial entrepreneur from age 17 until age 40. After which he was a financial Advisor for RBC Investments and Merrill Lynch Bank of America from 40 until 58. He has an MBA and CFP(r) and worked…
A Powerful Retirement Saving Secret: Use Tax Advantaged Catch Up Contributions When Over 50
Catch up contributions are the IRS’s way of making it easier for savers age 50 and up to tuck away enough retirement savings.
The Grapes of… Roth Conversion: A Fruitful Strategy for Retirement Wealth
Tax deferred? Tax free? Tax advantaged? It might sometimes feel a bit taxing to think about the tax implications of a Roth conversion. However, it is probably worth your brain power because a Roth conversion can be tremendously beneficial in the right circumstances. What is a Roth Account? A Roth account is a type of…
2020 Reverse Mortgage Lending Limits Increase: More Money for Some Borrowers
The government raised reverse mortgage lending limits to an all time high. Does this mean more money for you? It depends…
Retirement Gifts: Find Thoughtful and Funny Retirement Gift Ideas
There are so many great retirement gift ideas. Browse this list for meaningful, funny and thoughtful retirement gifts. Retirement is a Big Deal… So, Find the Best Retirement Gift Of all the life transitions that merit gifts — graduation, marriage and the birth of a baby — retirement might be the most significant change and…
Retired, Abruptly: Here Are the Lessons I Learned
This piece comes from Scott Allen who is now five years into enjoying his retirement and pursuing more active work and service opportunities. My retirement did not go according to plan.“Involuntarily separated from the organization” was the official, legal term for my then, current, employment situation. “Smoked, like a Hormel canned ham” was how my…
Tax, Medicare and Social Security Updates — November 2019
We just rolled out several significant retirement planner updates and recommend that you review your plan to see how the improved modeling impacts your forecast. Explore potential opportunities before year end. The improvements described below will allow you to explore ways to potentially save money on Federal & State taxes through strategies like Roth…
When is the Best Time to Get a Reverse Mortgage? Wait or Act Now?
All potential borrowers ask “when should I get a reverse mortgage?” While there is no one right answer, here are guidelines to help you figure it out…
Ready to Retire? Hurry, the Best Time of Your Life Awaits!
You might be nervous about your future but research suggests that you should run — not walk — toward retirement. Get ready to retire because the best times of your life await you. Most People Find that Retirement is the Happiest Period of Life Research from Age Wave and Merrill Lynch found that, of all…
20 Ways to Cut Retirement Costs: When You Are Rich in Time It’s Easy to Spend a Little Less
Most of us could benefit from cutting retirement costs. Now is the time to really know what you are spending and assess your budget. When living on a fixed income in retirement, it is very important to make sure that your income does not exceed expenses. Living more frugally can be done no matter your…
10 Expected and Unexpected Ways to Use a Reverse Mortgage
You might be surprised by how people use a reverse mortgage — bathtubs, a cure for loneliness, convertibles and more… Is this loan right for you?
How to Get the Best Reverse Mortgage
If you want to stay in your home and either increase your financial flexibility or get money now, follow these 7 steps to the best reverse mortgage for you.
The Best Retirement Investments to Achieve Your Retirement Goals
The best retirement investments depend entirely on you and your goals. Don’t dive into anything or let anyone tell you how to invest unless they understand how much money you have and what your goals are for that money. When will you need or want it? What will you spend it on? You have so…
Do You Even Have What it Takes? 8 Skills You Need for a Fantastically Happy Best Retirement
Here is some good news: you don’t necessarily need $1 million dollars for a successful retirement. So, what you do need? We did a little digging and here are 8 important skills that will enable you to achieve financial security, health and the best retirement possible. Find out if you have the skills… to pay…
The Truth About Home Ownership and Reverse Mortgages
In following up with consumers who have visited NewRetirement’s Reverse Mortgage Calculator, it seems that an alarming number of people have a mistaken impression about who owns the home after a Reverse Mortgage has been set up. A Reverse Mortgage can enable you to access extra cash and feel the freedom of owning your home…
Use a Reverse Mortgage for Purchase of a New Home
Did you know you can use a reverse mortgage for purchase of a new home. Is this the right way to buy into your dream retirement location?
Reverse Mortgage Calculator | How Does It Work
Reverse Mortgage Calculator: Understand How Reverse Mortgage Calculations Work, and Find Out How Much You Can Get from a Reverse Mortgage.
How Do You Qualify for a Reverse Mortgage?
Qualifying for a reverse mortgage is relatively straightforward. There are age, type of house and financial qualifications. Find out if you are eligible.
Reverse Mortgage Checklist: Big Questions to Ask if You Are Considering this Loan
Your house is your: Home. Heart. Hopes. Wealth. Future. The decision to get a reverse mortgage is a big one. Use this checklist to make the right choice…
Lump Sum vs. Pension: What is the Better Option?
A very common question from pension recipients is: “Our employer gives us a choice of either a pension or a lump sum when we retire. What is the better choice for me?” This decision depends on a lot of factors. Choosing the Pension Option How is the Pension Being Funded? The pension may be an…
How to Retire: 19 Things You Need to Do Just Before and After You Retire
Retirement is one of the biggest things you will ever do. And, how to retire well is the big question. If you want to know how to retire, here are 19 important things you should do just before and after you retire for a happy and secure future: 1. Create, Maintain and Evolve Your Retirement…