A new survey reveals statistics related to Americans’ savings during the pandemic, which could impact retirement plans for many.
Category: Retirement
New research conducted by Dr. Wade Pfau suggests additional uses for reverse mortgages that the wider senior population may not be aware of, according to an article published by CNBC.
An article in the New York Times details how American seniors, nonprofit organizations and even retailers are taking further action to facilitate the safe aging in place of the older population.
Some seniors are finding a transition to digital services troublesome, exemplified by a story from the state of Colorado in which a preschool teacher has had to add 10 hours to a social worker’s week to learn how to properly use a new unemployment system.
When determining how best to make the transition into retirement, sometimes downsizing can be avoided by considering “outside-the-box” alternatives including a reverse mortgage.
A new advice column from the Washington Post advises cash-strapped seniors who have written in that a reverse mortgage may be worth consideration, with some caveats.
A new research paper could shed some light on retirees’ unwillingness to tap their home equity in retirement, in spite of its ability to generate cash flow for those who need it.
Carson Group director of retirement research Jamie Hopkins sits down for a new episode of The RMD Podcast, discussing the role emotions play in financial decisions and the looming crisis that can transform the reverse mortgage business in the coming years.
Jack Guttentag makes a bold recommendation regarding how reverse mortgage-funded annuities can be a major assistance for seniors who are house-rich and cash-poor.
Debt in retirement can be a crippling thing for seniors in America to overcome, and for many who feel like they are without many options to try and address that, home equity could naturally come into play as a potential solution. But not all instruments that allow the tapping of home equity are created equal, and a reverse mortgage could be the best such option.
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