The HECM program was designed to allow seniors to purchase a new principal residence and obtain a reverse mortgage within a single transaction.
There are times when car leasing makes sense, and a low mileage lease in retirement may be one of those times.
Renting versus buying is another decision. What’s available and affordable in the area where you decide to live is a consideration.
Investors can use a trailing stop that follows the stock price higher. A trailing stop can be set either as a percent or a dollar price.
If your children moved away from where they were raised, you may want to consider following them in retirement.
With the exception of activist investors who take large positions in a company’s stock, what happens in the stock price doesn’t have anything to do with the fact that you own a few of its shares.
A $1 donation to the Supplemental Nutrition Assistance Program (SNAP) provides up to $60 in benefits to seniors.
The Fed is likely to modify the phrasing of its policy statement to signal that an increase in the targeted federal funds rate is not a “considerable time” off in the future.
You’ll need a retirement plan that’s flexible as you age. A financial adviser can help.
Investing in the dogs of the Dow can provide investment lessons to stock market investors.