Breadcrumb Trail:
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April 13th, 2012
Pros and Cons of a Reverse Mortgage on the Today Show
NBC’s Today Show highlighted the Reverse Mortgage this morning. Just last month you might remember the Today Show answered a Money 911 question about a Reverse Mortgage. This morning on the Today Show in “Today’s Money” segment, financial editor Jean Chatzky gave a crash course on Reverse Mortgages. Some of the pros the Today Show [...]
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April 10th, 2012
Second Career Jobs Baby Boomers Should Consider
Retirement isn’t for everyone. Sometimes seniors retire and think they would have all this free time to do all the things they wanted to do. Then they realize there wasn’t a lot they wanted to do. This happens to many seniors who retire too soon. Instead of getting back into the line of work they [...]
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March 28th, 2012
Top Scams Affecting Seniors
With the consent changes in technology it has become easier and easier for people to scam older generations. People over the age of 65 are the target of scammers because older people usually have a nest egg of money, have good credit, own their own home and may be under more medication. All of these [...]
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March 22nd, 2012
Reverse Mortgage Line of Credit Compared to a HELOC
If you are looking for some extra cash to have on hand in case of an emergency or just to have a safety net in your golden years, you may be looking at a Home Equity Line of Credit (HELOC) or a line of credit with a Reverse Mortgage. Before you make a decision, let’s [...]
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March 21st, 2012
Reverse Mortgages on the “Today Show”
NBC’s Today Show talked about a common question with Reverse Mortgages, how does it affect families. In a segment called Today’s Money 911, special guests Jean Chatzky, author of “The Money Blues”, David Bach, author of “Debt Free For Life”, and Sharon Epperson, CNBC’s personal finance correspondent discussed the topic of Reverse Mortgages and families. [...]
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March 5th, 2012
5 Home Improvements and What it Can Cost You
One of the most popular things people do with the proceeds from their Reverse Mortgage is take care of some home improvements. Home improvements are a great way to add value to your home and also make your residence exactly what you want it to be. These home improvements can get very costly. Here is [...]