Tag Archives: Retirement

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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At your age, do you have enough 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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Is a Roth 401k Better than a Traditional 401k?

Originally posted on The Small Investor:
We’ve all heard the conventional wisdom.  If you have an old, stodgy traditional IRA you should convert to a snazzy new Roth IRA.  There is now even a new Roth 401k.  Sure, you’ll need to pay all of the taxes since the money was initially invested tax-deferred and the conversion requires that the taxes…

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