Prevent Tax Identity Theft
Prevent Tax Identity Theft The average tax refund in 2014 was $3,034 Studies show that most Americans use their tax refund to pay off debt. Some save or invest it, and others reward themselves with a shopping spree. Whatever your choice, if identity thieves get their hands on your social security number, they can […]
The Art of Eldering
How can you perfect the art of eldering? CCE in Durango says you can do it with conscious choices and preparation. Everyone ages. Although we continue to gain experience and wisdom, we also begin to notice our bodies are not as strong as they used to be. Many of us are afraid of what this […]
5 Proven Approaches to Prevent Falls
Published 2-4-2015 | A Place for Mom Senior Blog | By Lisa Kernisan, MD Fall Risks and Seniors Seniors and families are often quite worried about falls, and with good reason. The Center for Disease Control (CDC) estimates that 1-in-3 seniors fall at least once every year. In 2013, falls led to 2.5 million emergency […]
Older Americans Need Reverse Mortgages
Given that older Americans’s homes are worth, on average, more than their other combined savings, there is a begrudging inevitability about reverse mortgages. As more people enter retirement in the coming decades with modest savings and no private pension, they’re going to need some of that home equity back during their increasingly long lives. – […]
Retirement by Numbers
The statistics below are horrifying, but this doesn’t have to be you. There are things you can do to make sure you will be okay. Your 1st step is to call Steve today, and let him take a look at your situation. Steve can help! 62 – average retirement age 18 – average length of […]
BankRate: 1 in 4 Americans have no emergency savings
Did you know? According to a new Bankrate.com report, 26% of Americans have no emergency savings fund. This is about 1 in 4. Many consumers have taken the slight improvement in the economy as their cue to spend more and save less. “Americans continue to show a stunning lack of progress in accumulating sufficient emergency […]
MarketWatch: 10 Things Retirees Won’t Tell You (and why a reverse mortgage could help them)
Today, MarketWatch came out with an article about what retirees are going through. The article by Catey Hill is clever and lighthearted, but also illuminates the tough financial position in which seniors in America find themselves. According to the article, 60% of workers aged 55 and older have saved less than $100,000 for retirement, while 24% […]
Retirement Stats, July 2014
You mortgage is a big part of your retirement plan. If you want to buy a home, refinance, or get a reverse mortgage, call Steve, The Mortgage Doctor. He’ll help you figure out the best way to make sure your’e in the 50% of Americans who have a retirement plan. Call today! He’ll talk to […]
6 Tax-Time Tips for Seniors
April 15—this year’s tax deadline—is right around the corner. How can you and the older adults in your life save as much as possible? Here are 6 tips to consider. 1. See if there’s a tax relief program that can help you. You may be able to lower your annual property tax bills or […]
Top 10 Money Saving Tips for Seniors
If you’re living on a fixed income, every penny counts! Use this checklist to make sure you’re saving money where you can. And if you’re in Colorado, call Steve–he’ll help you figure out the best plan for you to stay comfortable and happy through your senior years. It’s his calling, his passion–to help seniors. (877) 299-5500 […]
The Secret to Having a Good Attitude
http://www.reversemortgageinstitute.net http://www.providentlending.net Steve explains why a good attitude is beneficial, and how to create and maintain a good attitude.
HCEMWorld: Six Crucial Questions to Ask Seniors
Published by HCEM World | November 13 2012 | Written by Amara Rose Even for “glass-half-full” people, the prospect of growing older might not be exclusively joy-filled. For others, it can be downright frightening: what if I get sick? Suppose I run out of money? Yet with all the issues that accompany aging, few of […]
Federal Trade Commission, Facts for Reverse Mortgage Consumers
Reverse Mortgages: Get the Facts Before Cashing in on Your Home’s Equity If you’re 62 or older – and looking for money to finance a home improvement, pay off your current mortgage, supplement your retirement income, or pay for healthcare expenses – you may be considering a reverse mortgage. It’s a product that allows you […]
Reverse Review: Underwriting–Understanding Power of Attorney
Published by Reverse Review | October 2012 | Written by Ralph Rosynek Recently, I have noticed an increase in various types of information resources offering strategies for older Americans who want to age in place. Many of these strategies suggest that seniors consider executing a durable Power of Attorney (POA) document. A POA is a […]