My answer to this question applies to the HECM program administered by HUD, with investors in the mortgages insured against loss by the Federal Housin...
If you've watched in disbelief as the American Dream you grew up believing in has seemingly evaporated into thin air, do not despair. Your dream of a comfortable, prosperous retirement is alive and well. It may just be waiting somewhere you never thought to look.
One national issue that has gone virtually unnoticed this election cycle is the retirement income crisis. There are an estimated 10,000 baby boomers retiring every day, and the vast majority simply don't have the means to sustain themselves through retirement.
Wish you had a pension to help see you through your retirement? Today, small business owners may be able to create their own with a Defined Benefit ...
Largely unreported in the negativity of this year's election is how united the American people are over Social Security. New data from Public Policy Polling confirms what multiple other polls have found: Irrespective of age, race, gender, or party affiliation, Americans support expanding, not cutting, Social Security.
So now you all know what to expect when you arrive to your tenth decade but that may not be the end other story, as there are more centenarians now than ever before. Ten years from now expect a column on turning one hundred.
They teach English two evenings a week. They spend the rest of their time enjoying the beach and all that Da Nang has to offer.
Since arriving in the beach town of San Juan del Sur this year, Marisa Francis has come to appreciate life's simple pleasures.
In Quito they not only save on rent, but on utilities, as well. For electric, water, internet, and cable TV, their monthly expenses are just $181, compared to the $610 they were paying in Las Vegas.
It was an elegant departure for a good man, ending a long and distinguished career.
The kids are on their way to college and your house is no longer filled with the same energy, music, tears and laughter that you have been used to for 18 years. In fact, it's quiet. So quiet that you actually can't think without all the noise of a full house.
A welcome surprise was how easily we formed these new friendships. You meet someone, perhaps while you're strolling around town. Before long, your social calendar is overflowing.
The best advice is this: Before you ever leave home, take stock of your financial world as it exists now and consider what your needs will be in your new overseas home.
'People find Panama surprising,' says Marianne Tobin, 76, of the country where she now spends much of her time. 'Many think only of the canal zone or the beautiful tropical areas. They have no idea that Panama has pine trees and meadows reminiscent of Switzerland.'
In a recent article on this topic in US News and World Report, Emily Brandon discussed three common emergencies that the elderly often encounter and h...
By Fermín Vivanco and Lukas Keller Fermín Vivanco has more than 20 years of experience working on inclusive finance. At the Multilateral Investm...