Celebrating Retirement Most Popular

Reverse Mortgage

The New Retirement Plan That
Banks Don’t Want Seniors Knowing

You may be surprised to find out how much money seniors can receive through a Reverse Mortgage. Still unknown to many, this brilliant retirement method is helping senior citizens across the country by eliminating their monthly mortgage payments and putting cash in their bank account through what’s called a “Reverse Mortgage Loan”. You can bet…

retirement quotes

124 Retirement Quotes: Funny Retirement Quotes, Inspirational Retirement Quotes and More!

You’ll Laugh (or Cry) When You Read These Famous Quotations About Retirement. As you plan retirement, figure out what to say in a retirement card or write a retirement speech, you will enjoy reading funny retirement quotes, inspirational retirement quotes and much more about this wonderful phase of life. Browse all famous retirement quotes below,…

Reverse Mortgage

3 Underreported Facts about Reverse Mortgages

Mapping your path to a comfortable retirement calls for personalization. At its best, financial planning for this life phase should resemble a shopping trip: you decide your priorities, set your budget, then make selections from an array of offerings based on your needs. As with hitting the stores, tastes and desires in planning for retirement…

Average Retirement Income

Average Retirement Income 2016: How Does it Compare to Your Plans?

The average retirement income is probably a lot less than you think. As surprising as it might sound, the average American’s retirement income is barely over $1,500 per month or about $18,000 annually, according to the Pension Rights Center. Retirement Income Does Not Grow on Trees… Depending on where you live, that might not even…

reverse mortgage disadvantages
retirement income 2018

Average Retirement Income 2019: How Do You Compare?

As more and more baby boomers head into retirement, there is a growing conversation about how to generate adequate retirement income from retirement assets. Even with some good economic news, many of us are going to come up short. Retirement income doesn’t grow on trees… But you can make it grow! According to the most…

retirement gifts

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…

average retirement income 2017

Average Retirement Income 2017: How Do You Compare?

Where will your retirement income 2017 come from? The Big Takeaways… Research suggests that many retirees are living on remarkably little, though there are some proven strategies for boosting income in retirement. For households aged 65-74, median income was $47,432 while average income was $68,905. You can quickly see how your income stacks against others…

jobs for seniors

Jobs for Seniors: What Are the Best Jobs After Retirement?

So, for either financial or personal reasons you think you might want to work past the traditional retirement age of 65. Read below to get answers about the best jobs for seniors: Are there many options for work as a retiree? How do you find the right jobs after retirement? The Big Takeaways… It’s important…

New Reverse Mortgage Calculator: How to Assess Your Suitability for these Loans

A reverse mortgage is a loan. You are borrowing against your home equity. However, unlike traditional mortgages, with a reverse mortgage you do not have to pay back the money borrowed as long as you are living in the home. If a reverse mortgage is right for you, it can offer great financial relief. Reverse Mortgage…

What is a Reverse Mortgage? Who is Behind these Loans?

A reverse mortgage is a loan taken against the equity that you have in your home. If eligible, older Americans can use a reverse mortgage to help them offset mounting costs or simply provide an additional revenue stream in retirement. What is a reverse mortgage? The financial tool enables qualifying homeowners aged 62 or older…

Disappointed by Your Reverse Mortgage Amount?
Do This to Make the Most of this Loan!

Reverse mortgages actually give you 4 big benefits — not one — all helping you with retirement. How to Get the Best Reverse Mortgage Loan Amount Getting a mortgage is one of the biggest financial decisions you’ll ever make. Shop around to find the best rate and lowest fees. Click here to quickly find out…

retiring before 62

Retiring at 62 or Before? 9 Ways to Cover Your Health Costs for an Early Retirement

There are a lot of hurdles to overcome when figuring out how to retire early — before 65. However, early retirement health care is one of the most challenging. Medical care is going to be expensive no matter when you retire, but the picture is more serious for those who retire early, by choice or…

The Retirement Calculator for Married Couples (or Any Couple)

Retirement planning is complicated.  Retirement planning when you are married — or part of any kind of committed couple — is doubly complicated.  You need to use a retirement calculator for married couples.  Or, a retirement calculator for couples. When you are part of a couple, there are literally double the financial considerations. Furthermore, your…

dave ramsey how much do you need to retire

What Happens to a Reverse Mortgage After Death or When a Reverse Mortgage Becomes Due?

It’s well-known that many Americans (more than half, actually) are far from prepared for retirement. So, to fill gaps in their retirement income, some are finding that reverse mortgages can fit into their financial planning. But, like any financial product, reverse mortgages can be complex and must be fully understood by borrowers. For starters, a…

pros and cons of annuities

Pros and Cons of Annuities – How to Evaluate Annuities for Your Retirement

The Big Takeaways… Annuities are a great way to provide guaranteed lifetime income in retirement while hedging against inflation and other financial woes. Though less risky, annuities generally yield lower returns than other investment products, and often come with high fees, so it’s important to do your research before buying. You can quickly figure out…

How Much Should You Save for Retirement? Orman, Ramsey and Other Financial Gurus Answer

Retirement savings can seem like a very complicated matter. But some of the most well-known and respected financial minds like Suze Orman, David Ramsay and others say it’s really not that hard. The difficult part is the saving; sorting out how much to save is simple. Saving for retirement doesn’t have to be difficult. The…

social security

11 Ideas for Living on Social Security Alone

Living on Social Security alone is not only possible, many retirees already accomplish that very feat every year. And, while the lifestyle associated with a Social Security income isn’t exactly luxurious, it doesn’t have to equal peanut butter sandwiches for the rest of your life, either. How you make living on Social Security alone work…

reverse mortgage information

How Reverse Mortgages Work: Do You Agree With the Top 6 Reverse Mortgage Objections?

At NewRetirement we understand that it is almost impossible to save enough cash for retirement.  We hear awful stories of seniors suffering financially. However, many of you have paid off or paid down your mortgages and actually have substantial savings in your home equity.  You are just not interested in using it even though this…

help for seniors with low income

Help for Seniors with Low Income: Government Benefits and More!

Need a helping hand? Find help for seniors with low income The Big Takeaways… A significant amount of qualifying seniors don’t participate in low income benefits because often it’s hard to know what’s available. More options may be available to you during the pandemic. Tools like Benefits Checkup and the Eldercare Locator can help connect…

lost 401k

Find Lost 401k: How to Find Out If You Have Lost or Forgotten Retirement Accounts

Here is a guide for how to find lost money — a lost 401k or other unclaimed retirement benefits. The Big Takeaways… Each year, it’s estimated that more than 900,000 401(k) accounts go unclaimed, in addition to $300M in unclaimed pensions. The simplest ways to find your lost 401(k) is by contacting your previous employer,…