Reverse Mortgage Basics For Retirees

Many people, especially retirees, may have heard all about reverse mortgages and how it can help them when they need it. They would want to know more about it and wonder how it works. Here is the gist of what a reverse mortgage is for interested retirees. Basically, a reverse mortgage is a type of loan where a homeowner borrows against the equity of the home without the need to pay for the loan. The arrangement wou

Posted by Ardent Editor on Apr 24 2016 in Money 101 Tags: , , ,

Retirement Income Options

Retirement can be a concern for many people today. There are worries that people may not be able to save enough for a comfortable retirement. Another concern is that retirees may also have limited sources of income, if there is any at all, during this time. That is why it is important for people to know about the possible options they have when it comes to possible income during their golden years. Here are some of

Posted by Ardent Editor on Jun 3 2014 in Financial Planning Tags: , , ,

Retirement Catch-Up Tips

Everyone wishes to lead a comfortable retirement life. But unfortunately, there seems to be more people who come unprepared for retirement or considerably fall short in coming up with the needed funds for retirement. This results in a retirement that is just as full of worries and concerns for the retiree. What may be fortunate for those who are about to retire in a few years is that there is always some time avail

Posted by Ardent Editor on Aug 23 2011 in Financial Planning Tags: , , , , , , ,

Can Retirees Cope Without Reverse Mortgages?

There’s recent news of larger banks now leaving the reverse mortgage business because of an unsuitable business environment that still affects the real estate market in general. Property values have not yet picked up from where they fell off from considerably during the recent economic crisis. Mortgage players like Bank of America, considered as the second biggest provider of reverse mortgage in the country,

Posted by Ardent Editor on Jun 23 2011 in Retirement Life Tags: , , , ,

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