Tag Archives: Retirement

Power of Attorney – Get it!

power-of-attorney

A friend of mine visited his late father’s wife at a retirement community in Portland, Oregon. As he was preparing to leave, he noticed a newspaper, the Northwest Boomer & Senior News. In the paper was a column by Sam Friedenberg called Elder Law. He learned some very useful information from Friedenberg, an attorney who has been practicing law for

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What is a Reverse Mortgage?

reverse-mortgage

Will the reverse mortgage surge in the coming years? We think so. Tyler Durden at Zero Hedge wrote yesterday, “Nearly eight years into an economic recovery, nearly half of Americans didn’t have enough cash available to cover a $400 emergency. Specifically, the survey found that, in line with what the Fed had disclosed in previous years. Forty-four percent of respondents

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Joint Tenants with Rights of Survivorship

joint tenant1

It is very common for spouses to own property together as joint tenants with right of survivorship. When one passes, the other owns the property outright. It’s simple, easy, and automatic. But once in a blue moon when the other joint owner isn’t your spouse, it gets messy. When you co-own an asset with another individual, you can still have

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Invest in Real Estate Through IRAs and 401k Plans

401k ira real estate investing

Are you tired of trusting the jigsaw puzzle of Wall Street with all of your retirement savings? Yields are low. You are forced to go after capital appreciation in an overvalued market like a cat sneaks up on a mouse. Did you know you can invest your retirement funds in some alternative ways that don’t include the stock market? Wall

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Retirement Planning in 1 Minute

retirement planning in 1 minute

The best time to think about your retirement is always the present. Perhaps it’s only a few years away, but then again even if you’re young, don’t make the mistake of thinking it’s too early to prepare.   What if an accident forces you into early retirement and renders you unable to provide for your family? You surely get the

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At your age, do you have enough retirement savings?

retirement savings

Question: I am in my mid-40s and have around $700,000 in retirement savings. Is that sum in the upper range for somebody my age and does it put me on track toward a safe retirement? I don’t think there’s any uncertainty that your $700,000 puts you ahead of some people your age. The newest figures from the EBRI (Employee Benefit Research Institute)

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