Borrowers over the age of fifty make up almost a quarter of the current debt owed.

Properly managing student loan debt is even more important for older borrowers

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By Nance Ebert, Contributing Writer REGION - Student loan debt is a heavy burden for people of all ages. But did you know that borrowers...

Program may help Americans unprepared to retire

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By Alain Valles Two recent nationwide studies have concluded that that a large percentage of Americans are not financially prepared for retirement, and will not...

Reverse Mortgages conquer inflation

Inflation. It’s coming, it’s coming, it’s here.   By Alain Valles, MBA, MS The U.S. Bureau of Labor Statistics announced inflation hit 7%. A new high since...

Joseph McManus, RICP®, Financial Planner, Prudential Advisors

Helping you navigate your finances as you plan for retirement   By Bonnie Adams, Managing Editor Marlborough - Last December the U.S. Congress passed, and President...

Many boomers expect to retire where they are

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Shelley Wernholm, who works for a health insurance company said she wanted to retire and move to a new home by 60. But her pension was eliminated five years ago, her personal investments tanked during the recession and her home of 21 years has lost more than half its value.
Alain Valles is an expert on reverse mortgages.

Life can be better with a reverse mortgage

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By Alain Valles, CRMP, CSA, MS, MBA, Nonprofit Managing Director My wife recently asked me what is my biggest fear?  She was surprised to hear...

2 years after market low, the little guy is back

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“It didn’t feel right to be back in until now,” said Richard Dukas, who heads a public relations firm in New York City. “I still don’t want to put all my money in the market, but I believe we’ve come through the worst of it.”

Membership eligibility to join a credit union

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 By David A. L’Ecuyer In order to be eligible to join a credit union, the potential member must fit into the Field of Membership (FOM)...

More Roth IRA conversions allowed

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In retirement, your paycheck might go away, but taxes won’t. Still your tax bill can be hard to predict. To have some control over how much you pay the government each year, you should have both taxable and non-taxable accounts from which to draw your retirement income.
The Center of Retirement Research at Boston College found that one strong indicator of whether long-term care was needed is whether a person is in good health during his or her 60s.

Should you buy long-term care insurance?

By David Wilkening Contributing Writer REGION - If you want the protection of buying long-term care insurance, it helps if you have a lot of money....