Browse: Home / senior finances
By Admin on September 22, 2011
Dr. Marion, President of 3in4 need more, and Gregg Smith, President of One Reverse Mortgage, talk on the CBS Morning Show about the need for long term care and the potential benefit of reverse mortgages. Reverse Mortgages and 3in4 Need More
Posted in Reverse Mortgages | Tagged HECM, home equity conversion mortgage, Land O'Lakes, Lutz, Pasco, retirement, reverse mortgage, senior finances, Tampa |
By Admin on July 27, 2011
You may have missed it, but AARP Magazine last year published a list of the 10 worst places to retire. Here it is: “Here are the 10 worst states for retirement, with No. 1 being the lowest-ranked, according to Money-Rates.com: 10. Arkansas 9. Missouri 8. North Carolina 7. Ohio 6. Tennessee 5. Maryland 4. South [...]
Posted in Humor, News Commentary | Tagged financial planning, Land O'Lakes, Lutz, Pasco, retirement, senior finances, Trinity, Wesley Chapel |
By Admin on June 29, 2011
ABC news has just published a report on reverse mortgages indicating that older Americans have nothing to fear with Wells Fargo and Bank of America leaving the reverse mortgage marketplace. Even though these are two of the largest lenders, reverse mortgages continue to be available and existing reverse mortgages continue to be serviced. They also [...]
Posted in News Commentary, Reverse Mortgages | Tagged home equity conversion mortgage, Land O'Lakes, Lutz, Pasco, reverse mortgage, reverse mortgage facts, reverse mortgage news, senior finances, Trinity, Wesley Chapel |
By Admin on April 20, 2011
The latest RiskSpan Analysis (March 2011) publishing the Reverse Mortgage Market Index (RMMI) says that the value of home equity held by seniors aged 62 and older fell to $3.4 trillion at the end of 2010. This is down from its peak of $4 trillion in 2006 in the housing boom. It would probably be [...]
Posted in News Commentary, Reverse Mortgages | Tagged baby boomers, home equity conversion mortgage, Land O'Lakes, Lutz, Pasco, retirement, reverse mortgage, reverse mortgage news, senior finances, seniors, Tampa |
By Admin on March 4, 2011
According to a recent article in the Wall Street Journal, retirement for Boomers is not a pretty sight. “The median household headed by a person aged 60 to 62 with a 401(k) account has less than one-quarter of what is needed in that account to maintain its standard of living in retirement, according to data compiled [...]
Posted in News Commentary, Reverse Mortgages | Tagged baby boomers, financial planning, home equity conversion mortgage, Land O'Lakes, Pasco, retirement, reverse mortgage, senior finances, Tampa, Trinity, Wesley Chapel |
10 Best and 10 Worst Places to Retire
By Admin on July 27, 2011
You may have missed it, but AARP Magazine last year published a list of the 10 worst places to retire. Here it is: “Here are the 10 worst states for retirement, with No. 1 being the lowest-ranked, according to Money-Rates.com: 10. Arkansas 9. Missouri 8. North Carolina 7. Ohio 6. Tennessee 5. Maryland 4. South [...]
Posted in Humor, News Commentary | Tagged financial planning, Land O'Lakes, Lutz, Pasco, retirement, senior finances, Trinity, Wesley Chapel | Leave a response