Main Intro: If you're looking to reduce the guesswork and worry of managing your nest egg in retirement, Bankrate.com's special feature looks at managing income in retirement.
Reverse Mortgage Intro: If your biggest asset is your home - a reverse mortgage could be a retirement win for you.
Leslie Corcoran: A reserve mortgage is basically taking an individual's home and looking at that the value of that home and then paying them a set dollar amount for the rest of their life - either via - similar to an annuity. They can also get a line of credit or a lump sum payment. But basically, paying them based off the value of that house. There aren't any loan payments due - and basically it just accumulates interest as that money is outstanding and upon the individual's death, then the house is sold or from other assets the reverse mortgage is paid off.
« Back to Retirement Income products.
Fees could be eating away at your 401(k) without you knowing about it.
Follow this three-step process to choose the investments in your retirement plan.
Studies have shown employees who take advantage of 401(k) advice do better than their peers.
You may find less money in every paycheck, but in the long run, saving in a 401(k) will pay off.
If you have more than one retirement investment option, which should you fund first?
Can a couple find common ground when it comes to debt?
Follow this 6-month homeowner countdown so you are ready come closing day.
Pay attention to fees on prepaid cards because in most cases you can avoid them.
Sleep better at night knowing you have extra money tucked away for unplanned expenses.
Do you want your kids to be smart about money? Follow these tips to get them started.
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A little research could save you BIG on interest.
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