If you plan on retiring soon, you are probably looking at a few options that can get you over the hump. You are probably excited to start a new phase of life. With a record number of people closing in on their retirement age, many are starting to assess their resources to make sure they have enough money to last them for the rest of their lives.
Three Reasons Why You Might Consider a Reverse Mortgage When Nearing Retirement
It’s important to note that a reverse mortgage is not suitable for everyone, and there are eligibility requirements and responsibilities associated with it.
Understanding Why You Don’t Need to Pay Off Your Mortgage Early
While the idea of being mortgage-free is undoubtedly appealing, there are compelling reasons why you might not need to rush to pay off your mortgage ahead of schedule.
Buying for Retirement: 3 Reasons Why You’ll Want to Buy Your Retirement Home Before You Retire
Many people dream of buying their ideal retirement home after their career has come to a conclusion – with all that extra free time it seems like it’d be the most logical time to shop around. However, many real estate professionals strongly recommend that their clients find a retirement property before they’re off the payroll. […]
The Top Reasons To Pay Off Your Mortgage Before You Retire
As you get closer to your retirement age, you should try to discharge as much of your debt as possible. Unfortunately, many people close to the age of retirement still have a significant mortgage balance they need to pay off. What are some of the top reasons why you should pay off your mortgage before you retire?