CAROLE MCMANUS Articles for Finance, Articles for Lifestyle, Community, Housing, Research, Resources, Survey, TRENDS
You may be wise to consider home equity loan, says MoneyWatch
According to a recent brief from the Boston College Center for Retirement Research (CRR), middle-class Americans age 65 to 69 have more or equal wealth in their home equity than in their financial assets. (For this purpose, middle class is defined as the middle 60 percent based on total wealth.) Yet few retirees are taking steps to utilize this significant asset to help them finance their retirement.
The CRR brief said downsizing is the main way retirees tap home equity. Yet it also cites a study that found only 30 percent of homeowners approaching retirement move and that more retirees move to a home that’s more expensive than the one they left. Those who do move to a less-expensive home generally do so in response to a negative financial shock, such as high medical expenses, the need for daily or medical assistance (precipitating a move to assisted living or a nursing home) or widowhood.
Live Well Without Running Out of Money in Retirement — How do you measure up?
By EILEEN AMBROSE, Senior Editor and SANDRA BLOCK, Senior Editor
August 29, 2019
From Kiplinger’s Personal Finance
As you near retirement, you might look back and think that saving for this next stage of life was the easy part. During your working years, the big decisions were how much to save and where to invest. But now it’s time to switch gears. Instead of accumulating assets, you must figure out how to turn your nest egg into an income stream to last a lifetime.
Hidden Retirement Crisis: Older Americans’ Debt
Researchers are growing concerned about a certain type of borrowing
By Chris Farrell Unretirement Expert August 9, 2019
Swelling numbers of Americans these days are working in retirement, taking part-time jobs and launching businesses. And retirees are increasingly staying in their homes rather than moving to retirement communities. They’re also, however, breaking the mold in a potentially worrisome direction: embracing debt.
Be careful. #brainfog can fog your brain.
Sluggish cognitive tempo- Altered level of consciousness
- Cognitive orthotics
- Depersonalization disorder
- Excessive daytime sleepiness
- Four boxes test
- Idiopathic hypersomnia
- Insomnia
- Mental confusion
- Mild cognitive impairment
- Obtundation
- Post-chemotherapy cognitive impairment
- Pumphead syndrome
- Sleep inertia
- Slow-wave sleep
- Somnolence
- Stupor
HUD opens reverse mortgage doors to CONDO owners, info seminars planned
Could you be a Fix and Flipper in retirement? Talk to us
By Warren Strycker
I work for a lending company as executive (get it together guy) and help folks like you find gainful employment in retiring years. The focus of the Fix and Flip occupation is to help keep income coming in for those in short supply (with building skills). We provide the capital and oversight to make sure you get it right.
