Baby Boomers and Managing Home Equity

More than 10,000 Baby Boomers are retiring every day. The problem is, unlike prior generations, most don’t have a defined benefit plan like a pension, so they depend on Social Security combined with an IRA or 401K. What they don’t realize is they have a third option...

Why Should I Consider a Reverse Mortgage?

You’ve worked hard and you think you’ve built up enough equity to enjoy a comfortable retirement. You’re a homeowner and you have Social Security payments to draw on, as well as an IRA or a 401K, so you’re feeling pretty comfortable about your finances. But what if...

What is a Reverse Mortgage?

There are lots of misconceptions about reverse mortgages, particularly among senior homeowners. A reverse mortgage can help senior homeowners who are equity rich – but need the liquidity of additional cash flow – to help fund their retirement. A reverse mortgage...