A recent column in MarketWatch begs the question- should one continue making mortgage payments for what is effectively the remainder of their life?
Continue readingShould you pay a mortgage until age 90?
A day of reckoning is coming!
Older Americans will soon face a financial day of reckoning. Here’s why…
Continue readingRMI’s Market Minute- What a ride!
Jack Guttentag writes in Forbes, “About 60% of the homeowners reaching 62 today have outstanding mortgage balances, and most of them have limited financial assets”
Continue readingHousing Market Predictions For The Next 5 Years
What will the housing market look like in the coming five years? Forbes asked experts for their predictions and here’s what they had to say…
Continue readingIs liquidating an IRA better than a reverse mortgage?
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EPISODE #748
Should I plan to liquidate my IRA and get a reverse mortgage?
[NewJersey-com ] One reader asks a local financial columnist if it’s better to liquidate her IRA as her own private reverse mortgage. The implications are stark…
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Retirement Delays Create Challenges for Plan Sponsors Highlighting Opportunities for Financial Professionals and Consultants
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Advisor’s Edge:Â Should clients use home equity to fund retirement?
No wants a lifeboat until…
Like a passenger on the Titanic discovering the dining table they ate on the evening before is now their life raft, many older homeowners may discover their home was their saving grace all along
Continue readingThe harsh reality no one wants to talk about
Reality has a way of stripping away our notions of what financial subjects are taboo or off-limits. Perhaps older Americans will embrace a more pragmatic view of debt, inheritance, and home equity in these difficult times.
Continue readingRetirees Face the Consequences of a Manufactured Recession
These are the consequences retirees now face in the midst of a manufactured recession…
Continue readingAs the Market Falls, New Retirees Need a Plan
[Kiplinger] “Anyone newly retired or nearly so must feel like they have the worst timing in the world. A portfolio tends to be largest near retirement, just before those savings are about to be drawn down.”
Continue readingThe Three Cs of Retirment Planning
One reader asked, “I’m set to retire later this year and my portfolio is down 30 percent. What should I be doing? “
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