The reverse mortgage HECM Saver product has very low upfront costs compared to other reverse mortgage options. Although not mentioned here in this article, the financial planning community is coming to understand its value and correct application thus advising their clients to consider this choice. Liquidity Found in Reverse Mortgages: Times Union October 29th, 2012 Jason […]
Should you use reverse mortgage to pay off home loan? How, when and why to take a reverse mortgage By Jack Guttentag, Inman News® Editor’s note: This is the last in a six-part series. Read Part 1, Part 2, Part 3, Part 4 and Part 5. “I reached 62 this year and have a mortgage […]
So you have reached the point where you have some money in savings that you want to keep for the long term future.
However, you realize that putting it in your run of the mill savings account will likely result in its compound interest rates barely keeping up with inflation.
You are willing to accept a little bit more risk in return for a higher reward and you are interested in investing in the stock market.
Investing can be intimidating for the beginner and there is a lot to learn about the world of stocks and bonds.
Here are a few things to remember when you are first starting out:
If you are nearing retirement age there are many things to look forward to in your future, such as the chance to take time for yourself, pursue your hobbies and of course travel the world.
This is the chance to see some of the places you have always wanted to see, which you postponed in the name of career and raising a family. Now that the kids have flown the nest you can pack your bags and take off on an adventure.
Have you started saving for your retirement? When you are young it might seem like a long way away, but in order to save enough money to stop working the earlier you start, the better.
But what if you want to make your retirement savings grow faster and perhaps retire a few years earlier?
Here are some tips that will help you accelerate towards your goal: