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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Newly retired? Ideas to enjoy — and fund — your free time
Financing Retirement, Retirement Tips

Newly retired? Ideas to enjoy — and fund — your free time

You’ve already done the hard work — putting in the hours on a successful work life. Now, you’re looking toward a rewarding retirement. But retirement can be a tougher transition than many people like to admit, especially if your significant other or close friends are still working.

The truth is, you never know what retirement will be like until you get there. Here are some ideas to consider as you ease into life after the workweek:

Volunteer your time and expertise

Where we work and what we do is how we identify ourselves and how we are identified by others. This can be a difficult shift in thinking for retirees. Give yourself a newfound purpose and sense of accomplishment by volunteering your time and experience. There are thousands of organizations across the county seeking skilled volunteers just like you.

Take more vacations

Just imagine — you’re no longer limited to your company-allotted time off to travel to all the destinations on your bucket list. Visit far-flung family members, plan a road trip across the country, or book a cruise to a dreamed-of destination.

Test-drive new interests

It’s never too late to explore new activities — for example, photography, skiing, baking or HTML coding. And now, you don’t have to squeeze in your new pastime on the weekends. Take advantage of retirement to hone a new skill, widen your circle of friends and keep your brain sharp.

Make home improvements to accommodate you now — and in the future

If you’re planning on staying in your home for a while, you might want to consider home renovation projects for greater safety and comfort over the years. Paint that room you always wanted to paint, remodel to create a first-floor master suite with a barrier-free bathroom or make sure your house is safe by ensuring that outdoor railings are strong and area rugs are secure.

Join a gym

Stay active! Increased strength, greater flexibility and balance, a healthy weight and improved mental health benefit people of all ages. Try out a gym membership and take advantage of the equipment, classes or personal training sessions to help maintain your well-being throughout your retirement.

Go back to school

Embrace lifelong learning! Maybe you always wanted to finish your degree but didn’t have the time. Or perhaps you want to master the basics of a new language for an upcoming getaway. Many colleges, universities and community schools offer classes to fit various needs and lifestyles — from continuing education to non-matriculated courses for adult learners.

Enjoying your retirement can take more cash than you’ve anticipated. That’s why more and more retirees are seeking the benefits of a reverse mortgage. Developed exclusively for homeowners age 62 and older, a reverse mortgage loan allows you to convert a portion of the equity in your home into funds you can use as you choose. It’s much like a traditional home equity loan or home equity line of credit, but it’s designed specifically to help people in this age group enjoy more financial flexibility in retirement.

If you’re a homeowner who’s at least 62 years old, it’s worth exploring whether a reverse mortgage could reduce the need to tap into your savings and invested assets, and help you pay for your lifestyle, home improvements and even long-term care expenses. Learn more about reverse mortgages and how they work.

Reimagine your future with the help of a reverse mortgage

As you begin the next phase, Reverse Mortgage Funding LLC can help you secure the financial resources to enjoy the life you’ve worked so hard to build. To find out more about FHA-insured* reverse mortgage loans — how they work, how much you may qualify for, and whether one is right for you — call 888-277-1567 to speak with a licensed reverse mortgage specialist.


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

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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.

Equity Elite Reverse Mortgage

Put Your Home Equity to Work for You

Get Your Free Reverse Mortgage Quote

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 and are representing that you are the regular user of provided number. 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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