Nobody wants to run out of money and be financially shipwrecked in retirement. Unfortunately, there is a lurking and potentially devastating danger out there that can wreck even the best of retirement plans. In this article, I’d like to lay out a unique and little-known strategy (even to financial planners) that can help protect your … Read More >>
In a recent post, I addressed the common perception that a reverse mortgage is only for broke and desperate people. I’ve talked with many seniors over the years who were embarrassed about looking into a reverse mortgage. Some went to almost comical lengths to explain that they weren’t desperate and broke and didn’t really need … Read More >>
If you’re not familiar with the term sequence risk, you definitely should be. It’s a potentially devastating lurking danger that can completely swamp an otherwise solid retirement plan. Brian Davis wrote a great article over at Bigger Pockets on this topic a while back and I’d like to build on what he wrote. If you haven’t … Read More >>
I’m a strong believer in the reverse mortgage, so it’s always gratifying when financial professionals write positively about the program. Jerry Golden of Golden Retirement Advisors mentions reverse mortgages in a recent article on Kiplinger.com. He highlights how many financial professionals unfortunately believe that reverse mortgages are all bad and should never be used. I hear … Read More >>
