Posts Tagged ‘port st lucie’
Should Retirees Buy a Home With a Reverse Mortgage?
How do you buy a home after retiring? If you have one that’s paid for, you could sell and use the proceeds to buy another. You could raid your savings if you have enough. Or you could get a mortgage if you have enough income and good credit. But even if that’s possible, who wants…
Read MoreHelping Your College-Bound Kids Head Back To School
Parents of college students headed back to campus might have some fundamental misunderstandings regarding their young adult’s mental health challenges, a new report said. About 1 in 5 college students reported that their mental health had declined since high school, according to the 2025 College Student and Graduate Behavioral Health Report issued by UnitedHealthcare. In…
Read MoreHigh Blood Pressure? Start Walking Smarter
Got high blood pressure? The next step you take could literally protect your heart. A new study of more than 36,000 people with hypertension found that walking more — and walking faster — cuts the risk of heart attack, stroke, and heart failure. And here’s the best part: You don’t need to hit 10,000 steps…
Read MoreMore Americans aging into retirement are still paying down mortgages
Mortgages make up about 70% of household balances. Conventional wisdom has long recommended that homeowners pay off their mortgage before retiring. Yet over the past three decades, more older adults are carrying their mortgage into retirement, while the amount owed has increased dramatically. The combination adds to economic insecurity for many older Americans. For homeowners,…
Read MoreMillennials Are More Stressed About Their Mortgage Payments Than Any Other Generation
Buying a home is exciting, but for many millennials, it’s not all nesting and redecorating. In fact, a recent Hometap survey of 1,000 homeowners revealed that millennials are more stressed about paying their mortgages than any other generation. “Millennials have a lot on their cumulative financial plates—thanks to soaring home values and corresponding large mortgages.…
Read MoreCoca-Cola to Launch New Soda With Cane Sugar: Will It Really Be Healthier?
Coca-Cola is saying so long to high-fructose corn syrup and hello to cane sugar for a new soda launch this fall. “As part of its ongoing innovation agenda, this fall in the United States, the company plans to launch an offering made with U.S. cane sugar to expand its Trademark Coca-Cola product range,” the company said in a…
Read MoreShould Retirees Buy a Home With a Reverse Mortgage?
How do you buy a home after retiring? If you have one that’s paid for, you could sell and use the proceeds to buy another. You could raid your savings if you have enough. Or you could get a mortgage if you have enough income and good credit. But even if that’s possible, who wants…
Read MorePrevent 4th of July Firework Injuries by Taking These Simple Steps
Fireworks are the pinnacle of many Fourth of July celebrations, and while they can be festive and fun, they can also land you in the emergency room if you don’t take proper precautions, experts warn. About 250 people a day wind up in the ER with fireworks-related injuries in the month before and after Independence…
Read MoreBiking in Mid-Life May Lower the Risk for Dementia and Alzheimer’s Disease
Trading car keys in for a bike helmet may lower the risk of dementia and Alzheimer’s disease, a new study finds. Researchers say biking on a regular basis may even help increase the size of a brain region that’s important to memory. They analyzed data from nearly 480,000 people who reported on the types of…
Read MoreFive Year Retirement Plan Should Consider Reverse Mortgage
A recent New York Times article offers a concise 5-year countdown-to-retirement plan, with the final year of the timeline being the time to –cautiously – consider a reverse mortgage. Offered as a way to make ends meet if you’re planning to stay in your current home, reverse mortgages are a “fourth- or fifth-tier line of…
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