Posts tagged "reverse mortgage"

retirement calculator

Simple To Use Retirement Calculator

The purpose of every retirement calculator would be to tell you one or both of these pieces of information: 1. how much you’ll need to stash away (generally monthly) to be able to retire or 2. how big of a nest egg you need to have in order to retire The retirement calculator does these calculations by accounting for the [...]

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Posted by Frank Shurtz - November 6, 2011 at 3:56 pm

Categories: retirement calculator   Tags: ,

Reverse mortgages can turn your home’s equity into spending dollars

Reverse mortgages can turn your home’s equity into spending dollars

If you are retired, you may have discovered that your current income is insufficient to meet your living expenses, especially if you have unexpected medical or funeral bills.  In many cases, either liquid assets or insurance will be sufficient to meet these needs.  But in some cases, neither of these avenues is available.  Therefore, in order to meet your financial [...]

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Posted by bobrichards - February 23, 2009 at 9:37 am

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Non-traditional Mortgages Could Save You Money–or pay you like a Reverse Mortgage

Reverse mortgage as an effective retirement income source

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Posted by bobrichards - January 2, 2009 at 10:39 am

Categories: retirement income   Tags: ,

Reverse Mortgages - a Potentially Important Retirement Income Source

Reverse Mortgages – a Potentially Important Retirement Income Source

Seniors who are in a cash flow bind because of increasing expenses or a drop in their investment income may want to look into tapping one of their most valuable assets: their homestead. There are several ways to do this.  Homeowners could sell the home, but they would have to move.  Or they could take out a loan against it, [...]

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Posted by bobrichards - September 8, 2008 at 7:02 pm

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