Most of us could benefit from cutting retirement costs. When living on a fixed income in retirement, it is very important to make sure that your income does not exceed expenses. Living more frugally can be done no matter your income bracket. And while the idea of a more modest …
Read More »Some Last Retirement Tips from Henry “Bud” Hebeler: A Model and Inspiration for Retirement Planning
We are very sad to announce that Henry “Bud” Hebeler died on August 21, 2017 in Bellevue, Washington at the age of 84. Bud was a key NewRetirement advisor and contributor. A graduate of Massachusetts Institute of Technology, Bud spent most of his working life at Boeing Aerospace Company where …
Read More »Your Guide to Index Fund Investing and Why They Are a Good Idea for Your Retirement
If index fund investing is good enough for the most famously successful American investor, then maybe it should be good enough for your retirement. Warren Buffet, chairman of Berkshire Hathaway, one of the richest men and most successful investors in the world, recommends that people buy index funds. He often …
Read More »Considering a Reverse Mortgage? Do These 5 Things Now
The Department of Housing and Urban Development (HUD), the agency that administers the HECM reverse mortgage program announced changes that will: Reduce the amount homeowners can borrow Increase mortgage insurance premium fees for some borrowers Make it harder to qualify for the loan. (Because the loan amounts are smaller, some …
Read More »ALERT: Big Changes to Reverse Mortgage Program – Reduced Loan Amounts and Higher Fees
After Oct. 2, 2017, HECM reverse mortgage maximum loan amounts will decrease In an effort to further strengthen the long-term viability of the Home Equity Conversion Mortgage (also known as the HECM Reverse Mortgage), the Department of Housing and Urban Development (HUD) announced plans this week that will ultimately make …
Read More »Henry “Bud” Hebeler in Memoriam: A Life and Retirement Well Lived
Henry “Bud” Hebeler died on August 21, 2017 in Bellevue, Washington at the age of 84. Bud was a graduate of the Massachusetts Institute of Technology, graduating with three degrees, numerous awards and several fellowships. After graduation he began his career as an engineer at Boeing Aerospace Company and worked …
Read More »Experts Say that Reverse Mortgage Borrowers are Getting More Sophisticated
It used to be that reverse mortgage borrowers were seniors who were at the end of their financial rope. However, according to experts, the types of people who are applying for reverse mortgages is evolving. While people still get the loans to make ends meet, these days reverse mortgage borrowers …
Read More »Giving Money to Family? Are You Handing Out More or Less than Average?
| Login Questions? Get On Demand Financial Advice As if saving enough to pay for your own retirement isn’t worrisome enough, research from Merrill Lynch and Age Wave suggests that most people over 50 (6 out of 10 in fact) are providing financial support to family members in need — …
Read More »Break These 5 Personal Finance Rules for a Wealthier and More Secure Retirement
There are two kinds of people: those who follow the rules and those who believe rules are made to be broken. If you fall into the first camp, the following list may cause you a bit of anxiety. Personal finance is full of rules. While some are helpful, others can …
Read More »How to Knock Out the “Will My Retirement Savings Last” Worries!Give Your Retirement Plan the 1-2 Punch it Needs!
| Login Questions? Get On Demand Financial Advice Believe me, you are not alone if you have nervously asked yourself, your spouse or even a financial advisor: “will my retirement savings last?” Concerns about running out of money in retirement are almost universal — no matter how much money you …
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