Our Blog

Go beyond your savings and investments. We want to help anyone get confident and achieve financial independence so they can make the most of their money and time.

Explore all our content

Housing and Home Equity

Hot Time in the City? Boomers Skip the Traditional Retirement Havens for Metro Areas

Not all Baby Boomers are headed for a retirement community as they get older. In fact, many are finding walkable, action-packed urban areas as the perfect setting for aging in place, according to recent U.S. Census data analyzed by Trulia. Trulia’s big finding: Baby Boomers, defined as adults between the ages of 50-69, are getting…

July 10, 2014

Worried About Running Out of Money? New Treasury Rule Makes Longevity Annuities More Appealing

On July 4, an Arkansas woman celebrated her 116th birthday and was named the oldest confirmed living American. While that’s old by any standard, birthday girl Gertrude Weaver is actually the second-oldest person in the world—a sign of global longevity trends; we are living longer now than we ever have before… and paying for these…

July 9, 2014
Reverse Mortgages

FHA Updates Reverse Mortgage Program: More Money for Most New Borrowers

New changes to the government’s reverse mortgage program will provide more money to most new borrowers as long as interest rates remain low. The Department of Housing and Urban Development (HUD) announced on Friday a new set of principal limit factors. Principal limit factors are the calculations used to determine the amount of money borrowers…

June 30, 2014
Reverse Mortgages

Reverse Mortgage Information – Why Is it Kept So Secret by Friends and Family?

Reverse mortgages are financial products utilized by hundreds of thousands of older Americans. However, it appears that many borrowers are reticent to talk about the loans with their peer group. NewRetirement recently conducted a small survey of prospective borrowers and found that the majority did not intend to tell friends about the loans and only…

June 27, 2014
Retirement Jobs

Work and Retirement: Boomers Redefine What Retirement Really Means

People who are preparing to retire likely have several notions of what they expect retirement to be like. But a new study from Merrill Lynch in partnership with Age Wave reveals a few common myths about work and retirement —along with today’s reality. Researchers examined four retirement job myths and explored their corresponding realities, along…

June 26, 2014
Happy Retirement

Here’s to Just Doing it While You Can!

I am Griffin.  My Dad is the founder of this web site — NewRetirement.com.  He and I recently spent a few days hiking in the Sierra and we met some inspiring retired people What do you plan to do in retirement? Rachel here has decided to hike the Pacific Crest Trail, one of the longest trails…

June 25, 2014
Happy Retirement

Age is Only a Number; Amazing Accomplishments by 70, 80 and 90 Year Olds

Old age is often considered a time of decline, but older adults around the world are filling their golden years with amazing accomplishments. Scroll down to watch five inspiring videos that prove life doesn’t end after 50. 1. The Rockin’ Runner Most people won’t ever run a marathon, but in June 2014, Charlotte, N.C. resident…

June 25, 2014
Aging Well

There is a Retirement Healthcare Crisis: Be Prepared

Many people are all too familiar with the past few years’ economic crisis, but fewer realize that there’s another, potentially worse dilemma looming: the retirement healthcare crisis. As the nation’s 78 million Baby Boomers head toward retirement age, federal budgets for Medicare and Social Security are expected to be strained. At the same time, many…

June 23, 2014
Family and Relationships

Want to Pay for Your Grandchildren’s Education? Here’s How to Make it Happen

Nearly three-quarters of grandparents think it’s important to help their grandchildren pay for college, according to new research from Fidelity Investments, but the ability to financially contribute to college education requires planning ahead. Many grandparents value college education and believe it’s an important component for providing young people with the best opportunity to succeed, indicates…

June 19, 2014
Reverse Mortgages

Interested in a Reverse Mortgage? 5 Tips for Finding a Reputable Reverse Mortgage Lender

When considering a financial product or loan of any sort, one of the first things to do is find a reputable company or lender to work with. This can be especially important for someone interested in taking out a reverse mortgage, a loan designated for borrowers age 62 and older. The importance of identifying a…

June 17, 2014
Retirement Savings and Investments

How Do the Rich Invest Their Money?

It’s a well-known fact that a small percentage of people control the majority of wealth in the United States. But all investors can take cues from high net worth individuals when it comes to investment and money management. Here are four ways to invest like the wealthy and hopefully get richer in the process: 1.…

June 16, 2014
Reverse Mortgages

Why Do People Hate Reverse Mortgages?

Despite hundreds of thousands of older Americans taking out reverse mortgages and surveys showing that these retirees are happy with the results, some people still have a strong distaste for them. In nearly every case, if you dig a little deeper, much of the hatred for reverse mortgages comes from misunderstanding or lack of knowledge…

June 12, 2014
Retirement Planning

Women Face High Risk of Poverty During Retirement; How to Protect Yourself

More than half of all Americans worry they won’t have enough money during retirement, but women are more at risk of this than men. More than half (52.6%) of women age 65 and older are considered “economically vulnerable” compared to 41.9% of men in the same age group, according to the Economic Policy Institute’s 2013…

June 9, 2014
Reverse Mortgages

Retiring with a Reverse Mortgage is Predicted to be the New Normal

New research shows that the reverse mortgage will become an essential must-have tool for retirees. The reality is that many Americans have saved very little for retirement, which will require them to tap the biggest asset: their home. The good news is that seniors in the United States enjoy the highest rates of homeownership, with…

June 9, 2014
Reverse Mortgages

Are You a Good Fit for a Reverse Mortgage? Take This Quiz and Find Out

Have you been considering a reverse mortgage loan, but you’re not quite sure if it’s the right fit for you? Home Equity Conversion Mortgages (HECMs) are insured by the Federal Housing Administration and allow qualified homeowners to borrow against the equity they’ve built up in their homes in the form of a non-recourse loan. The…

June 6, 2014
Retirement Savings and Investments

Dying Penniless: American’s #1 Concern

What’s the number one financial concern Americans are worried about? For more than a decade, the answer has been the same: Not having enough money for retirement, according to Gallup’s annual Economy and Personal Finance poll. “Retirement may be a time that many working adults look forward to, but it is paradoxically a source of…

June 5, 2014
Housing and Home Equity

Senior Living Communities: Not All Golf Carts and Bingo

When you picture retirement living, if your mind immediately goes to golf courses, bingo night, or water aerobics, think again: the future of retirement living is changing. Retirement Living Is Changing Rather than more traditional golf-based retirement communities, affinity communities and other nontraditional living arrangements are becoming more popular, especially among the extremely diverse Baby…

June 4, 2014
Reverse Mortgages

Are Reverse Mortgage Disadvantages Too Great? What Are Your Alternatives?

As you know, some seniors turn to reverse mortgages as a way to fund retirement, free up monthly cash-flow, or buy a new home. But reverse mortgages also come with pros and cons such as ongoing responsibilities of homeownership, upfront costs, or the drawing down of home equity over time that leaves less inheritance for…

June 3, 2014
Reverse Mortgages

Sky High Housing Prices! How to Cash In and Fund Retirement

Housing prices are on the upswing, and if you’re considering a reverse mortgage, that’s great news for you. The housing crash did a number on many homeowners. But that lost equity is being regained across the country as home prices trend upward. By the end of last year, home prices nationwide were 20% above 2011’s…

May 30, 2014
Housing and Home Equity

Is it Okay to Retire with Mortgage Debt?

When it comes to older adults and homeownership, there’s good news and bad news, suggests a new federal report that shines a light on a growing debt problem. The good news is that the 65+ demographic has the highest homeownership rate in the United States of any age group. The bad news: more and more…

May 29, 2014

The Lifetime Annuity – A Life Vest for Your Retirement

Imagine this: Bill, a 65-year-old man, has been getting ready to go on a big swim. He’s not completely sure how long this swim is going to last—although he has an approximate distance in mind—but he’s been preparing for it for decades. But without knowing exactly how long this swim will be, Bill isn’t sure…

May 27, 2014

The 3 Reasons a Lifetime Annuity is the BEST Retirement Investment

When you’re planning for retirement, you’re often trying to determine the best mix of investments for your retirement portfolio. There’s no one-size-fits-all solution, and your planning process has to take into account your own particular situation and needs. One potential investment you may want to consider is a lifetime annuity, and there are a few…

May 22, 2014
Retirement Planning

It’s Not Too Late to Start Planning for Retirement

Have you recently retired without a comprehensive financial plan to take you through the coming years? It’s not too late to make one. A December 2013 survey from Fidelity found that more than half of Americans are at risk of not covering their essential expenses in retirement. PwC reported similar findings on its 2013 survey…

May 21, 2014
Retirement Planning

3 Ways to Spend Less Now So You Can Retire Earlier

Many people have a countdown to the official retirement age of 65 — or whatever age you might be targeting.  However, many of us are looking for ways to retire even earlier.  Here are a few good ways to reduce your spending in such a way that you can knock a few years off your…

May 21, 2014

NewRetirement Planner

Take financial wellness into your own hands and do it yourself retirement planning: easy, comprehensive, reliable.