Baby boomers are a key constituency for the reverse mortgage industry since they are currently the…
Tag: Retirement
The cost of aging in place can be ‘crushing’
Aging in place continues to be the preference for the vast majority of older Americans. But…
Guild announces new ‘Flex Payment Mortgage’ suite of reverse products
Guild Mortgage announced on Wednesday the introduction of a new product line called the “Flex Payment…
Gen X makes progress with retirement savings: Fidelity
Retirement savers experienced their third consecutive quarter of growth in Q2 2024, with Gen X savers…
Montana’s reverse mortgage program could have room for industry collaboration
Montana’s unique Reverse Annuity Mortgage (RAM) program is a state-sponsored reverse mortgage, with lower interest rates…
South Florida, a senior enclave, sees more people ‘unretiring’ due to living costs
As the cost of living remains elevated, more seniors — even those in “senior strongholds” like…
Why Montana is more heavily promoting its state-run reverse mortgage program
The state of Montana has been more heavily promoting its state-based Reverse Annuity Mortgage (RAM) program…
Volunteers aid Pennsylvania seniors as they age in place
For seniors who live alone and may not have easy access to public transportation, relatively simple…
Massachusetts budget features programs to support seniors, aging in place
Massachusetts Gov. Maura Healey (D) has signed a $57.8 billion state budget for 2025, which features…
Retiree lost $740K in savings through elaborate scam: NY Times
Older Americans are increasingly being caught up in elaborate scams designed by perpetrators to drain them…