A reverse mortgage can be a powerful way to supplement Social Security income and give your retirement budget a little more ...

I magine this scenario: Brenda is 59, single, has no children and is eyeing retirement. The hitch? She still has $81,000 ...

I could live on my Social Security alone, as I wouldn’t have a house payment if I paid off the reverse mortgage.” ...

Reverse mortgage borrowers can receive funds in one of three ways — a lump sum, monthly payments or a line of credit — or a combination thereof. The amount a homeowner can borrow depends on their home ...

Boomers, your reverse mortgage could drain generational wealth—learn smart strategies to pay it off and protect your family’s financial future.

Thinking about paying off your mortgage early? Learn the pros, cons, and smarter alternatives to help you decide what’s right for your lifestyle and future.

He has no retirement savings, so he’s living off Social Security alone and supplementing this income with credit cards. But ...

While there's no way around the high cost of retirement, there are some strategies you can try to build your savings more ...

Mortgage recasting: If you don’t need to pay off your mortgage completely but want a lower monthly payment, you might consider recasting.

More seniors are carrying mortgages, sometimes out of necessity but also positives like longer lifespans, and this trend comes with several pros and cons.

Dear Quentin, When I leave my job, would I be better off taking a $61,000 lump sum to roll over into an existing IRA or, ...

I'm 75 and have a reverse mortgage. Should I pay it off with my $200K savings - and live off Social Security instead?