Baby boomers near 65 with retirements in jeopardy
“The situation is extremely serious because baby boomers have not saved very effectively for retirement and are still retiring too early,” said Olivia Mitchell, director of the Boettner Center for Pensions and Retirement Research at the University of Pennsylvania.
What is elder law and how does it apply to families?
The National Elder Law Foundation defines elder law as “the legal practice of counseling and representing older persons or their representatives.” On its face the definition appears to be both simple and clear.
What to expect from your bond mutual fund
When stock markets tumbled around the world recently, bond funds remained solid once again.
Retired couples may need $220K for health care
A recent survey by Merrill Lynch found that health care expenses were the number one retirement worry among people preparing to retire. Three out of five retirees surveyed said they were forced to retire earlier than expected due to a health problem.
Reverse mortgages – good to be skeptical
By Alain Valles, CRMP
No other loan product is wrapped in as much mystery and misinformation as a Home Equity Conversion Mortgage (HECM), more commonly...
Durable Powers of Attorney: Not so durable after all?
By Linda T. Cammuso
A Durable Power of Attorney (DPOA), sometimes called just a “Power of Attorney,” is a legal document that allows you to...
Marrying later in life has considerations younger couples may not face
By Nance Ebert, Contributing Writer
REGION - Being young and in love, many people overlook things that can stress a healthy relationship. Marrying later in...
Reverse mortgages: ‘Lean on Me’
By Alain Vallès, CSA, MS, MBA, Managing Director
Helping Hands Community Partners, Inc.
781-724-6221/av@hhcp.org
Many of us are currently facing very tough economic times and uncertainty. And...
Can a reverse mortgage solve the world’s problems?
Things that keep us up at night
The ramifications on the world economy of Britain leaving the European Union, increasing tensions between China and Russia, a contentious Presidential election, terrorism, the ongoing Middle East crisis, and the global warming debate. All are examples of events that we have little control over but are causing tremendous concerns.
New year, new life!
We all know the stereotype of a "senior" - a weary, grumpy “old person.” But, like all generalities, this image of a "senior" is far from accurate. Today’s seniors are active, engaged and filled with a desire to get the most out of life. They have worked hard for many years to earn a living, buy a home, and raise a family. Now they are eager to turn to the next chapter and enjoy the rewards of retirement.
