Retirement News with Professor Craig

Retirement News with Professor Craig

The Retirement News blog is dedicated to the financial and physical health and well-being of older Americans. 
Whether you're already in or nearing retirement, you will find important, topical information in the blog to help you make informed decisions on your road to retiring more freely.
As a 25-year veteran in the financial services industry and a certified trainer and teacher, Professor Craig's #1 goal is to help you thrive in retirement with financial peace of mind. 

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Keeping Your Holiday Stress in Check: 5 Tips to Relieve the Pressure
Healthy Living, Retirement Tips

Keeping Your Holiday Stress in Check: 5 Tips to Relieve the Pressure

It’s the most wonderful time of the year. Or, is it? According to the American Psychological Association, nearly a quarter of Americans feel “extreme stress” during the holidays. Statistics reveal that up to 69% are worried about a perceived lack of cash, while 51% are buckling under the pressure to give gifts. Other holiday triggers include:

  • Negotiating family dynamics
  • Staying healthy
  • Crowds and lines

Whatever the root of your holiday anxiety, it's important to find ways to alleviate your worries as tensions rise. Try these strategies for success:

  1. Practice mindful meditation. Being still and focusing on your breath for even a couple of minutes can help lower stress hormones and bring a sense of calmness and relief. The best part? You can practice meditation anywhere, anytime. Consider downloading an app for guided meditations and breathing techniques.
  2. Don't abandon healthy habits. The holidays aren’t a free pass to eat and drink with abandon and ignore your physical well-being. Overindulgence only adds to stress and guilt and may increase feelings of depression. Be sure to get plenty of sleep, include some form of exercise in your daily routine, and manage your caloric intake to avoid going overboard.
  3. Try aromatherapy. Did you know that certain scents can help improve your state of mind? When properly used, essential oils have calming aromas that may help reduce stress and anxiety. Aromatherapy is generally practiced by diffusing fragrances into the air or applying a few diluted drops to the skin. Your best bet is to find an experienced essential oils consultant who can educate you on the proper practices to meet your specific needs.
  4. Take a breather. Easier said than done, but it’s important to make time for yourself every day. For as little as 15 minutes, find something that clears your mind and restores your inner peace. Whether it’s listening to soothing music, reading a book or taking a walk, make time to recharge your batteries.
  5. Learn to say no. Say what you mean and mean what you say, even if it’s not what others want to hear. Your friends and family will understand that you can’t participate in every holiday activity. Say no to unwanted houseguests or to holiday party invitations that you’re just too busy to attend. Saying yes (when you really want to say no) will only leave you overcommitted, overwhelmed and resentful—not how you want to spend the holidays.

Don’t let finances add to the stress

Financial stressors can disrupt holiday peace and joy—but may also be an everyday source of worry. If you’re a homeowner age 62 or older, you may be able to convert part of your home equity into cash, all while still owning your home. A reverse mortgage loan lets you withdraw funds as a lump-sum payment, a monthly payment or a line of credit, so the money is there when and how you need it.* Keep in mind, you’re still obligated to keep up with loan obligations, including keeping current with the property taxes, insurance and home maintenance.

Curious if a reverse mortgage loan may be right for you? Reach out to Reverse Mortgage Funding at 888-277-1567. We’ll set up an informational in-person appointment with an experienced loan specialist in your area. They’ll review the reverse mortgage loan process, answer your questions and determine if this type of financial tool is a fit for your needs.

This content is sponsored by RMF, one of the nation’s leading reverse mortgage lenders. We are dedicated to helping older Americans retire more freely, in the comfort of their own homes. As a result of our commitment to providing an extraordinary and positive customer experience, we have earned a 98% customer satisfaction rating; a 5-star / Excellent score on Trustpilot; 4.8 out of 5 stars on LendingTree; and an A+ rating with the Better Business Bureau. Call 888-277-1567 to speak with a licensed reverse mortgage specialist to learn about our retirement financing products and solutions.

SEE WHAT FUNDS YOU MAY HAVE AVAILABLE

If you have equity in your home and believe you meet the eligibility requirements, a reverse mortgage may be the option that could help you retire smart.

Check Eligibility

*Borrowers who elect a fixed rate loan will receive a single disbursement lump sum payment. Other payment options are available only for adjustable rate mortgages.

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A More Flexible Home Equity Loan

If you’re 62 or older, there is a home equity line of credit option that offers greater financial flexibility than a traditional Home Equity Line of Credit (HELOC). It’s called a Home Equity Conversion Mortgage (HECM) line of credit. 
If you have an existing mortgage or home equity loan you could refinance them with a HECM line of credit and get enhanced benefits, including a flexible payment feature and a line of credit that GROWS when left untouched.
As with any mortgage, you must meet your loan obligations, keeping current with property taxes, insurance, and keeping your home in good condition.


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By clicking "CALCULATE", you are providing your signature and express "written" consent to be contacted by or behalf of Reverse Mortgage Funding LLC, its affiliates and/or its agents (collectively Company) at the telephone, email or mailing address that you have provided for purposes of fulfilling this inquiry about reverse mortgages and/or the Company's products or services, even if you have previously registered on a "do not call" government registry or requested Company to not send marketing information to you by email and/or direct mail. You agree that the Company may use automatic telephone dialing systems and prerecorded voice messaging in connection with calls or texts made to the telephone number you provide even if the telephone number is assigned to a cellular or mobile telephone service or other service for which the called party is charged. You understand that you are not required to consent to receiving autodialed calls or texts as a condition of any reverse mortgage and/or purchasing any Company products or services. If you do not wish to authorize Company to contact you in this manner, you can call 888-277-1567 to complete your request. You understand that you can revoke this consent at any time.

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