Navigating the road to retirement can be complicated and even stressful. Do you have enough saved? Is your home paid off? How will you afford rising medical costs? There are so many variables in planning for retirement that it can be difficult to plan when you don’t know what to expect. However, retirement should be a time to relax and focus on doing the things you want to do, not worrying about...

Some seniors may wait to take out a reverse mortgage, however depending on your circumstances it may not be in your best interest to wait even if you do not necessarily need the money right now. Home Equity Conversion Mortgages (HECMs), more commonly known as a reverse mortgage; allow seniors to access a portion of the equity in their home to supplement their retirement income. Eligible borrowers...

The National Institute on Aging is one of the leading research agencies trying to understand aging and what you can do to live a longer, healthier and more active lifestyle as you grow older. They have just launched a new publication called, What’s On Your Plate.1 This comprehensive guide provides information on how your diet should be changing as your body changes, in order to decrease an...

The National Institute on Retirement Security expresses concern that many seniors who face retirement in the near future do not have enough savings to afford retirement. “Financial experts suggest that people need 8-11 times income in retirement assets in order to maintain their standard of living in retirement.” In a study from June, 2013, The National Institute on Retirement Security provided...

Home is where the heart is. You have worked hard to purchase a home, and you’ve worked hard to make it comfortable for you. Which is why it is not surprising that close to 80 percent of adults 65 years or older want to remain in their current residence as long as they possibly can as an alternative to institutional care, according to a 2012 AARP study. Why would you want to move somewhere...