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Retirement News for Seniors

 

Retirement News for Seniors

Small house as symbol of home equity changing handsThree strategies for using a reverse mortgage to improve retirement security

Forbes contributor Jamie Hopkins offers insights for seniors on smart ways to use reverse mortgage; recent regulations changes makes it better  

May 20, 2015 – Home equity is probably the most valuable asset owned by most retirees in the U.S. Properly leveraging this home equity is becoming a crucial part of a secure retirement, according to an article in Forbes by Jamie Hopkins. He sees a reverse mortgage, particularly with the new rules passed by HUD last month, as a way for some to significantly improve retirement income security. More...

jar of moneyRetirement News

Running out of money is more than just a worry for many seniors

Among those age 85 or older when they died, 20% had no assets left but their homes

By Michelle Andrews May 1, 2015

May 2, 2015 - For many older people and their families, particularly those dealing with conditions such as Alzheimer’s or cancer that often require long-term, pricey medical care, running out of money is a nagging concern.

Retirement News

happy senior couple checking their investments onlineRetired seniors lead jump in U.S. confidence to afford the golden years

Annual Retirement Confidence Survey of workers, retirees says confidence up but few signs they are actually doing anything to achieve the goal

April 24, 2015 – Senior citizens who have already retired are leading the way in a resurgence of confidence about being able to afford their retirement years among both working and retired Americans. The researchers most be scratching their heads, however, since they say they are few signs they are taking the right steps to accomplish this challenge. More...

Retirement News from other media:

Boomers are clogging up the labor market, refusing to retire

Seniors remaining in workforce due to finances or because they just like working

March 9, 2015 – What is wrong with the job market? The boomers won’t give up their jobs and retire, which is causing a logjam. This is compounded by a sharp decline in labor force participation among younger workers.. MarketWatch