Are You Planning to Live to 100?
Reverse Mortgage Blog
by Darryl Hicks
6d ago
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
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Improving Access to Home Equity Can Help Fix America’s Retirement System
Reverse Mortgage Blog
by Darryl Hicks
2w ago
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
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Aging In Place Statistics (2024)
Reverse Mortgage Blog
by Darryl Hicks
1M ago
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
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Brookings Institution Examines Evolution of Retirement Policy
Reverse Mortgage Blog
by Darryl Hicks
1M ago
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
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New Forecast: Couples May Need $413K For Future Healthcare
Reverse Mortgage Blog
by Darryl Hicks
1M ago
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
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Seniors Flocked to These States in 2023
Reverse Mortgage Blog
by Darryl Hicks
1M ago
More than 338,000 Americans moved to another state to retire in 2023, according to Census Bureau data analyzed by the online moving resource, Hire a Helper. Why it more… Seniors Flocked to These States in 2023 The post Seniors Flocked to These States in 2023 appeared first on Reverse Mortgage ..read more
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How Long Will $1 Million In Retirement Savings Last In Your State?
Reverse Mortgage Blog
by Darryl Hicks
2M ago
A 65-year-old retiree living in California can expect $1 million in savings to last under 14 years, while that amount will last almost 21 years in Texas. By more… How Long Will $1 Million In Retirement Savings Last In Your State? The post How Long Will $1 Million In Retirement Savings Last In Your State? appeared first on Reverse Mortgage ..read more
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For Boomers Who Can’t Downsize, a Reverse Mortgage Can Help
Reverse Mortgage Blog
by Darryl Hicks
2M ago
A recent article in Kiplinger’s Personal Finance offers advice for retirees who are thinking about selling their home and either downsizing or upsizing to a property that better more… For Boomers Who Can’t Downsize, a Reverse Mortgage Can Help The post For Boomers Who Can’t Downsize, a Reverse Mortgage Can Help appeared first on Reverse Mortgage ..read more
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How Secure Act 2.0 Improves Retirement Saving in 2024
Reverse Mortgage Blog
by Darryl Hicks
2M ago
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
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The Biggest Retirement Changes Coming In 2024
Reverse Mortgage Blog
by Darryl Hicks
3M ago
Taxes on Social Security benefits and increased Medicare costs could impact retirees’ budgets in the new year, according to an article by Yahoo Finance. What they’re saying: “Because more… The Biggest Retirement Changes Coming In 2024 The post The Biggest Retirement Changes Coming In 2024 appeared first on Reverse Mortgage ..read more
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