Americans’ “magic number” for retirement surged to an all-time high – rising much faster than the rate of inflation while swelling more than 50% since the onset of more… New Magic Number for Retirement is $1.46 Million The post New Magic Number for Retirement is $1.46 Million appeared first on Reverse Mortgage ..read more

Nationally syndicated retirement columnist Terry Savage published a checklist of key considerations for consumers while shopping for a reverse mortgage. The big picture: Your house will become your more… Retirement Columnist Discusses Reverse Pros and Cons The post Retirement Columnist Discusses Reverse Pros and Cons appeared first on Reverse Mortgage ..read more

Retirement expert Jamie Hopkins discussed new research conducted by WSFS Mortgage that sheds light on the benefits of reverse mortgages but also significant misconceptions and limited awareness. Why more… Retirement Expert Addresses Home Equity Potential in Retirement Planning and Obstacles The post Retirement Expert Addresses Home Equity Potential in Retirement Planning and Obstacles appeared first on Reverse Mortgage ..read more

Larry Fink, whose company manages $10 trillion in assets (half of which are for retirement), challenged government and business leaders to come together to fix a looming retirement more… Blackrock CEO Highlights Global Retirement Crisis The post Blackrock CEO Highlights Global Retirement Crisis appeared first on Reverse Mortgage ..read more

The retirement planning landscape is getting a major facelift in 2024 as provisions of 2022’s SECURE Act 2.0 kick in, bringing key changes intended to expand workers’ savings more… How Secure Act 2.0 Improves Retirement Saving in 2024 The post How Secure Act 2.0 Improves Retirement Saving in 2024 appeared first on Reverse Mortgage ..read more

More than half (54%) of Americans say it’s their goal to live to 100, according to a new study from Corebridge Financial and The Longevity Project. What they’re more… Are You Planning to Live to 100? The post Are You Planning to Live to 100? appeared first on Reverse Mortgage ..read more

One way to fix America’s retirement system is to provide better access to housing equity in retirement, according to a recent paper published by economists Ben Harris and more… Improving Access to Home Equity Can Help Fix America’s Retirement System The post Improving Access to Home Equity Can Help Fix America’s Retirement System appeared first on Reverse Mortgage ..read more

ForbesHealth has compiled statistics and facts that further demonstrate a strong desire among older homeowners to age in place in their current homes but also underscores the need more… Aging In Place Statistics (2024) The post Aging In Place Statistics (2024) appeared first on Reverse Mortgage ..read more

The Retirement Security Project at The Brookings Institution convened an event recently that traced the evolution of retirement policy in recent decades and discussed the many ways to more… Brookings Institution Examines Evolution of Retirement Policy The post Brookings Institution Examines Evolution of Retirement Policy appeared first on Reverse Mortgage ..read more

The Employee Benefits Research Institute estimates that couples with high Medicare prescription drug expenditures will need $413,000 to have a 90 percent chance of having enough money to more… New Forecast: Couples May Need $413K For Future Healthcare The post New Forecast: Couples May Need $413K For Future Healthcare appeared first on Reverse Mortgage ..read more