Wall Street Journal

Savings Fall Short for Most Retirees
Wall Street Journal
The collapse of the housing bubble dented the value of many Americans' homes. But they are still most people's largest asset. With the help of a reverse mortgage, those falling short on retirement income at age 67 dropped all the way to 36%. 20NEXT.



Jill on Money: Retirement, Reverse Mortgages, Education Funding
CBS News
Margaret from TX wanted to know in what order she should draw down her retirement assets; Eileen needs to boost retirement income; Sandie from Washington wants to know if she should contribute more to retirement or pay down her mortgage; and Mark asked ...

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Reverse mortgage smart option for post-retirement cash flow
mydigitalfc.com
By Sunil Bhatia May 16 2012 The reverse mortgage scheme has been approved recently by the government through which a retired couple can generate regular cash flow from their home by borrowing against it to meet their living expenses.



Are Reverse Mortgages the New Key To Long Term Care at Home?
Reverse Mortgage Daily
Reverse mortgages are beginning to catch on as a way to fund long-term care, and now, one of the primary reasons borrowers take out out this type of loan—so they can stay at home—could mesh with a developing senior at-home care model: “CCRCs without ...

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CNBC.com (blog)

Reverse Mortgages: Monthly Checks Instead of Bills. Really?
CNBC.com (blog)
Reverse mortgages are financial instruments that replace your monthly mortgage payment with a tax-free income advance on the equity of your home. This relatively small corner of the lending sector all but vanished after the housing collapse as many ...

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CBS News

Reverse mortgages: Don't let the Fonz sell you
CBS News
In essence, a reverse mortgage can help retirees convert an illiquid asset - a house - into a liquid one that can help supplement retirement income. Sounds too good to be true, right? For some, it is. One big downside of a reverse mortgage is that ...

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Reverse mortgages not for the uninformed
Chicago Tribune
In essence, a reverse mortgage can help retirees convert an illiquid asset -- a house -- into a liquid one that can help supplement retirement income. Sounds too good to be true, right? For some, it is. One big downside to reverse mortgages is that ...

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NCOA to Congress: Take Note of a New Trend in Reverse Mortgage Borrowers
Reverse Mortgage Daily
While some lenders are now marketing to the reverse mortgage borrower who is not looking for a long-term financial fix, some industry affiliates are also beginning to note the potential for a new type of borrower to emerge.



CNBC: Trade in Bills for Monthy Checks—Reverse Mortgages Rediscovered
Reverse Mortgage Daily
Reverse mortgages in general could have appeal for the growing army of 'unretired,' said Andy Schwartz, a wealth manager and owner of Bleakley, Schwartz, Cooney & Finney. “Things are changing, people are rethinking retirement, and this is one way ...



Seniors' Health and Financial Expo
Patch.com
There will also be information tables about hospice and in-home care, reverse mortgages, estate planning and more. “We look forward to welcoming the public to this dynamic expo,” said Shelly Goggins, director of activities at The Timbers.

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