As real estate prices here in North Texas have risen, it’s made it tougher for some families to make the moves that they need to make. That has led to an increase in the number of older individuals who are choosing to remain in their home as they grow older, opting to avoid a retirement… Read more »
If you’re thinking about retirement, it can be tough these days. The market’s perpetually volatile, and there is nagging inflation that is making your decisions a little harder than they need to be. So, many older Americans are weighing their options, and for North Texans, that can mean having a discussion about reverse mortgage loans…. Read more »
These days, older people are looking at their options. There are more possibilities than ever before in a retirement living space, including senior living communities in a range of shapes and sizes. But for some people, the best idea is to stay put, as aging in place offers some real opportunities. This can be a… Read more »
As more and more of our population ages, it’s important to take a look at what we’re doing to help older people navigate this shift. One of the ways that seniors are finding a more comfortable retirement is through the use of a HECM loan, which is a reverse mortgage that has the backing of… Read more »
If you’re like many in North Texas, then a significant portion of your net worth is housed in your housing. While that has historically been seen as a stable place to grow your family’s net worth, it can also become an issue, particularly for older Americans. With no sign that property taxes will come down… Read more »
If you are a homeowner and at least 62 years old, you may be eligible for a reverse mortgage or home equity conversion loan (HECM). This loan allows you to borrow money from your home equity as tax-free income, which can help you during retirement, home repairs, and other financial needs. This can be a… Read more »
If you have recently retired, or if you plan to within the next year, it is important to take a look at all of your options moving forward. For some, the goal is to remain in their home for as long as possible; others would prefer to move to a dedicated retirement community, helping them… Read more »
If you are like many homeowners in North Texas, then a significant part of your net worth is housed in your housing. While this can sometimes be beneficial, especially long-term, there might be things that you want to do right now. for those who have reached the age of 62, there is an option that… Read more »
For many here in North Texas, a significant part of their financial future is tied up in their housing. While this has historically been seen as a way to reliably and safely improve net worth, it can also mean that you do not have access to that capital when you need to make home repairs,… Read more »
Aging or retiring in place is a concept that is simple, yet can bring a positive way to live that is comfortable and convenient. This approach aims to help seniors to continue living in their home after retirement, rather than moving to a dedicated retirement community. While each direction has its own advantages and disadvantages,… Read more »
