Posts Tagged ‘retire’
Florida Again Tops List of Best Places to Retire in the U.S.
Florida topped out as the No. 1 state to retire in WalletHub’s annual ranking for 2018. The Sunshine State also held the No. 1 spot in 2017. The “2018’s Best & Worst States to Retire” report compared all 50 U.S. states across 41 indicators, spanning the cost of in-home care, life expectancy and cost of…
Read MoreShould You Retire On Your House?
Many American households will face a significant retirement financing gap unless they save more, invest more efficiently, retire later, and/or distribute their retirement assets more efficiently. Yet the pain of such difficult behavioral changes might be mitigated by better use of an asset that almost 80 percent of retirees have: the family home. The Reverse…
Read MorePutting it in reverse, advisors warm to reverse mortgages
It’s no secret that Americans are largely unprepared for retirement. But according to some financial advisors, they could be improving their financial standing significantly by factoring in home equity into a comprehensive retirement income plan. Reverse mortgages give seniors who are at least 62 years old a way to convert their home equity into cash.…
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