Category: financial security

10/24/2012 - Many in Middle Class ‘Guess’ on Retirement Needs

by on October 25, 2012 4:20 pm
Three-fourths of middle-class Americans say their estimate of what they’ll need to live on in retirement is based on “some sort of guess,” a new survey finds. And those guesses often appear off the mark, according to the annual Wells Fargo Retirement Survey. Read the full article at The New York Times.

10/14/2012 - A Risky Lifeline for the Elderly Is Costing Some Their Homes

by on October 17, 2012 7:36 pm
The very loans that are supposed to help seniors stay in their homes are in many cases pushing them out. Reverse mortgages, which allow homeowners 62 and older to borrow money against the value of their homes and not pay it back until they move out or die, have long been fraught with problems. But… Read more 10/14/2012 - A Risky Lifeline for the Elderly Is Costing Some Their Homes