Finance

“I started thinking about all the money that had run through my hands over the years, millions of dollars,” says Kari Block, owner of Earth-Kind.

By Alain Valles Changes are coming for the federally insured Home Equity Conversion Mortgage (HECM), also known as a reverse mortgage. For the past 25...

Approximately four in 10 couples that aren’t yet retired disagree as to the lifestyle they expect to live in retirement. One in three couples disagree as to their ideal vision for retirement.

By Alain Valles Reverse mortgages are becoming a crucial component of financial planning for senior homeowners. These government-insured loans, also known as Home Equity Conversion...

Even the most financially savvy individuals encounter and sometimes let personal finance myths influence how they manage their money. Some of these misconceptions are rooted in faulty information right from the start.

By Alain Valles “I heard reverse mortgages are bad” is the response I often receive when I tell people what I do. Fortunately, I don’t...

The recession claimed Sadowski’s business and a chunk of his savings, and with four teenage daughters, the graphic designer accepts the fact he won’t retire for another five years or more.

Put people of widely different ages together and there are bound to be differences. Baby boomers, for example, may be workaholics, while younger workers may demand more of a work-life balance.

“They say you have the retirement party one day and you come back to work the next,” said Mary Jo Finchum, spokeswoman for the Muscatine, Iowa-based company.

Even if you’re a set-it-and-forget-it investor, unless you’ve pulled out of stocks altogether it’s likely the stock portion of your 401(k) account has grown significantly in the last few years.