How to Maximize Social Security Benefits for Seniors
As you approach retirement, have you thought about how to maximize Social Security benefits? Having a solid Social Security strategy…
A reverse mortgage is a mortgage loan secured by a primary residential property, for homeowners aged 62 or older that do not require monthly mortgage payments. Reverse mortgages allow access to home equity and defer payment of the loan until they die, sell, or move out of the home. Because there are no required monthly payments on a reverse mortgage, fees and the interest is added to the loan balance each month. Borrowers are still responsible for property taxes, homeowners insurance, and maintenance.
Senior Benefits: Free Government Benefits for Seniors
As seniors reach their golden years, it should be a time of prosperity, rest, and reflection on the years of…
Impacts of Proposed Tax Changes: How the 2022 Tax Plan Could Affect Your Retirement Plan
Introduction Today, the challenge for seniors preparing for retirement does not stop with securing enough funds for a joyful and…
What are the Tax Implications of Selling Your Life Insurance?
For those looking to monetize their assets and supplement their income in retirement, life settlements an provide attractive tax benefits…
Reverse Mortgages Explained: What Are They and How Do They Work?
Introduction If you are looking for a way to finance a fulfilling retirement in the home you love, a reverse…
Everything You Need to Know About Life Settlement Brokers
The decision to sell your life insurance policy in a process called a life settlement is often the product of…
Understanding Annuities: What They Are and Who They’re For
Introduction Annuities are one of the few investment solutions that ensure you won’t outlive your money, and are a great…