Talk About Your Money

With Adult Children Home, Now’s the Time: Talk About Your Money. Riding out the pandemic with family presents the perfect chance to lay it all out: priorities, account balances, end-of-life directives. For far too many families, financial planning is akin to scheduling dental surgery. The prospect of pain and discomfort prompts many to put it…

Retiree gets faulty benefit information directly from Social Security personnel Dear Liz: I’m concerned that you don’t make it clear that in order for a Social Security benefit to grow, a person needs to keep working and earning the same income that they’ve been making. I’ve retired recently and am lucky enough to have a…

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**The owner(s) retain title to the property that is the subject of the reverse mortgage until the person sells or transfers the property and is therefore responsible for paying property taxes, insurance, maintenance and related taxes. Failing to pay these amounts or failure to maintain the condition of your property may cause the reverse mortgage to become due immediately. A reverse mortgage is a complex loan secured by your home. Whether such mortgage makes sense for you depends on your financial situation and needs. For these reasons, you are required to consult with a qualified independent housing counselor and include family members and other trusted advisers before making this decision. This information is not from HUD or FHA and was not approved by HUD or any government agency.

Talk About Your Money

Archive for September 6, 2020