Is Your Mortgage Strangling You in Retirement?
Is your mortgage payment “strangling” you? Are you worried about which bills to pay on your fixed income?
Is your mortgage payment “strangling” you? Are you worried about which bills to pay on your fixed income?
When the Fed lowers interest rates, it’s exciting for those buying real estate. But what about seniors who are happy in their homes?
According to a study recently released by Fannie Mae, more baby boomer retirees have mortgage debt than those retirees who were born between 1931 and 1935. “Paying off the mortgage, once a widespread rite of passage for homeowners approaching retirement has become less common in recent years,” wrote Patrick Simmons, director of strategic planning for […]
Aging in place benefits many seniors: familiarity with the neighborhood and routine of life can reduce stress and add years to your life.
Don’t let nagging bills and other finances drag you down. There is a solution!
A survey of seniors overwhelmingly chose one product that proves reliability, accessibility, expandability, flexibility, and insurability. And no, it is not a HELOC.
Does “Leaving the house to the kids” cause you significant financial strain in retirement? Do your kids even want the house?
Paying off your home is a major accomplishment. Congratulations! Now what?
