May 2019
Is a Reverse Mortgage Right for You?
Submitted by Robert Gordon & Associates, Inc on May 8th, 2019In recent years, reverse mortgages have been enthusiastically marketed to homeowners ages 62 and over. Optimally designed for homeowners with at least 50 percent equity in their home, reverse mortgages allow homeowners to tap into that equity, providing them with a regular monthly payment – the complete opposite of a standard mortgage.
The Worst Decision You Could Make Is No Decision At All
Submitted by Robert Gordon & Associates, Inc on May 6th, 2019It’s official: Money is stressful. Surveys consistently show that money is the top source of stress for American adults. More than a quarter of Americans say they feel stressed about money most or all of the time. Only 30 percent rate their financial security as high, and more than two-thirds believe that more money would make them happier.