Financial advisors, recognizing the need to increase retirement funding, are promoting the versatility and innovative solutions provided by reverse mortgages to make use of home equity. However, a legacy of misinformation and old myths prevails ...
Last night, George Downey, a housing wealth management professional, sat down with local attorney Tim Vanderveen to discuss the number one fear of those in retirement–running out of money on My Generation, broadcast on 95.9 ...
By George A. Downey Achieving and maintaining financial security throughout retirement continues to be the number one concern among financial advisors and their aging clients. Add to this the reality that one of every three individuals age 65 or older will require some form ...
Will home values become another domino in the wake of the Coronavirus crisis? By George A. Downey At the time of this writing, the unprecedented shock of the health and financial crisis driven by the ...
Home equity can be a valuable retirement resource if properly planned. By George A. Downey The home, long thought of as “a great investment,” needs a second look. Why? How can this be, considering that ...
The dilemma of retiring with debt, especially mortgage debt By George Downey Braintree – A recent Survey of Consumer Finances, published by the Federal Reserve, confirms the disturbing trend that increasing numbers of aging Americans ...
By George Downey Braintree – A recent Survey of Consumer Finances, published by the Federal Reserve, confirms the disturbing trend that increasing numbers of aging Americans are entering retirement with debt, which they may, or ...
Senior homeowners have a choice – most make the wrong decision, and don’t know it. By George Downey Braintree – Seniors in, or nearing, retirement are confronted with a dilemma – most have failed to ...
For senior homeowners, the unavoidable risks of declining health and the burden of long term care costs may be funded without long term care insurance or depleting personal savings. By George A. Downey Staying at ...
The question of financial security (running out of money) in retirement continues to be the number one concern among aging Americans and financial professionals. Since the Great Recession (2008 – 2013) retirement experts and ...
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