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Retirement News, Financing Retirement, Retirement Planning

Retire Your Way: Live Your Best Years with the Benefits of a Reverse Mortgage Loan

Growing old is a privilege — thankfully one that more and more Americans will experience. The first Baby Boomers turned 65 in 2011, and since then, there’s been a swift increase in the size of the 65-and-older population, which grew by over a third since 2010. In fact, no other age group has seen such fast growth.

Retirement News, Financing Retirement, Retirement Planning, Retirement Tips

Fact Checking Reverse Mortgages

Did you know that April 2 was International Fact Checking Day? Since there are so many misconceptions about reverse mortgages, it seems like the ideal time to lay them to rest and discuss how reverse mortgages can be a powerful financial planning tool — especially in today’s financial climate:

Here are some common reverse mortgage myths you may have heard:

  • They’re considered a last resort when you have no other options
  • This type of loan takes advantage of older homeowners