Deadline for Distributions

Reminder:  Retirees born prior to July 1, 1949 must take your retirement plan required minimum distributions (RMD) by December 31, 2019.  The RMD rules apply to: Retirees with traditional IRAs Retirees with traditional (Simplified Employee Pension) or SEP IRAs Retirees with Savings Incentive Match Plans for Employees (SIMPLE) IRAs Participants in workplace retirement plans such…

Read More

How Much to Retire?

Before you can know how to save for retirement, before you know how to line up investments to allow you to retire early, you really need to know what it will cost to live where you want to live. ThinkAdvisor.com offers a list of the 12 most affordable states for a comfortable retirement as of…

Read More

Reverse Mortgage Fact Link

ReverseMortgageApp.com wants you know know more about reverse mortgages for better decisions about revers mortgages. A source you can trust, the ftc.gov site gives you the low down on how reverse mortgages work and when they are useful. Still have questions? visit ReverseMortgageApp.com to be connected to a mortgage professional who loves questions about all…

Read More

When Reverse Mortgage is Right for You

Just what is a reverse mortgage? Why would anyone want one? On both a regular mortgage and a reverse mortgage, a mortgage loan is offered based on the available equity in your home.   The amount you are borrowing, as a percent of the home’s value is called Loan to value, and the allowable loan to…

Read More