Samantha is retired at 69, but a few years back she took out a reverse mortgage. Now, she’d like to be done with it, ...

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

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 ...

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

Imagine this scenario: Christopher is a 72-year-old retiree with multiple medical conditions that limit his mobility. He has ...

Many advisors are building relationships with mortgage brokers, recognizing that a well-structured financial plan has to ...

A reverse mortgage lets you stay in your home and avoid the costs and disruption of moving, but the repayments over time can start to add up.

After all, the average life expectancy for 79-year-olds is slightly over 10 years, according to the Social Security ...

Once a powerful guardian against wrongdoing by banks and financial services companies, the Consumer Financial Protection ...

Unpaid medical bills are back on the table, which could mean lower credit scores for millions. A federal judge in Texas has ...

Pfau suggested advisors consider four very different techniques—all of which can accomplish the goal of protecting clients from sequence risk. One is to spend conservatively. The second is to use a ...

In Trumps first term, his then-director, Kathy Kraninger, took a lighter approach to supervision and enforcement, but still some of the biggest financial settlements in the bureaus history took place ...