The emphasis has been on accumulating money for retirement. July 1st, 2005 is important because if retirees take distributions from their retirement accounts too early or too fast, they may run out of money later when they're unable to work
Unlike Social Security or defined benefit pensions, most personal account plans—401(k), 403(b), SIMPLE plans and IRA’s- don’t provide a guaranteed income for life. To make sure their money lasts as long as they do, individuals and their advisors need new approaches.
On July 1, 2005 about 10,000 Baby Boomers will reach IRS retirement age —and every day for the next 19 years. July 1, 2005 symbolizes a new era for retirement education— the era of retirement income management,
This web site is dedicated to bring you information so you can have a quality retirement.
- Reverse Mortgages Explained
A Reverse Mortgage, also known as Equity Release, is a popular way to use your main asset (your home) to free up some cash for other purposes. In a standard loan, your income stream is used to qualify...
- Reverse Mortgages
Reverse (lifetime) morgages are different from ordinary home morgages, in that they dont require payment, but instead allow the borrower to acquire a debt during their period of property ownership. The...
- Reverse Mortgage Counseling
What is a Reverse Mortgage?
A reverse mortgage is a special type of home loan that lets a homeowner convert a portion of the current equity in his or her home into a lump sum cash payout, monthly payments,...
- Reverse Mortgage Maximization
Have your homes appreciation grow twice as fast.For Seniors over the age of 62 a Reverse Mortgage is a tool that, while new to many, is increasingly being used to maximize their retirement income. A Reverse...
- The Reverse Mortgage... What The Heck Is It Anyway?
Are you 62 or older and own your own home? Then, you probably qualify for a reverse mortgage.
But, what the heck is it anyway? Well, if you still have a conventional mortgage ... or had one until you burned...
- Reverse Mortgage - Putting Your Equity to Work
If youre like many seniors, your home is your largest asset, and although you are concerned about the thought of borrowing against it, your house may be the only way to increase your income. Rising real-estate...
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