How to Plan for Early Retirement
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How to Plan for Early Retirement If working a corporate job for the rest of your life sounds like your worst nightmare, you may want to consider arranging your finances in a way that can give you some freedom at a younger age. Many people love the idea… Read More
Boomer wealth depressed by mortgages poses spending risk
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By Victoria Stilwell | BLOOMBERG NEWS AUGUST 29, 2014 The Gleaner via Associated Press/File 2014 Higher mortgage debt in retirement is affecting the labor market as people forgo leisure for work to be able to pay the bills. Higher mortgage debt in retirement is affecting the labor market… Read More
Consumer Watchdog Warns: Mortgages and Retirement Don’t Mix
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A growing number of retired Americans have more mortgage debt, less affordable loans and are at a greater risk of foreclosure than prior generations, the Consumer Financial Protection Bureau said in a new report. What’s the big deal about having a mortgage during retirement? Income typically falls… Read More