Retirement Finances

If you're looking to tighten your belt and save money in your retirement years, moving into an active adult community could help you reach your budget goals. There are many ways to save money by moving into a 55+ community. Read on to learn the ways moving into a 55+ community can help you save your hard-earned dollars.

Active adult communities, located all over the country, offer homes and amenities that cater to people 55+. You can opt to buy a home in one of these communities, or you can join the growing trend of people more interested in renting than owning.

Active adults dreaming of their retirement years often fantasize about traveling, spending time with loved ones, and enjoying hobbies. One thing they don't daydream about is making mortgage payments. That's where The 62+ Loan™ can help.

The 62+ Loan™ is a home equity conversion mortgage (HECM) that gives active adult homeowners an opportunity to eliminate their traditional mortgage payments in exchange for monthly cash flow, which can facilitate financial flexibility and a more active retirement lifestyle.

Active adult homeowners know the importance of finding the right mortgage that fits their needs, budget, and lifestyle. But for active adults and retirees who seek more financial freedom, economic security, and peace of mind, there might be a better option than a traditional mortgage: The 62+ Loan™.

Retirement looks much different than it did in the past. If you've been thinking about picking up a part-time job, here are some benefits of working during retirement along with tips on finding part-time employment. Keep reading to learn more about employment for seniors who want to work part-time.

Although misinformation can easily spread about the ins and outs of Social Security benefits, it's important to separate fact from fiction so active adults can feel empowered to plan their retirement finances. We found and dispelled five common myths about Social Security to reveal some major truths about the system.

Contrary to what you think, that dream home may not be out of your reach. Although retirees may no longer have paychecks coming in, they can still qualify for home mortgage loans. Lenders are open to providing loans for people enjoying the best years of their lives.

Cost of living is one of the most important factors to consider when it comes to relocating, but it's often overlooked. Fortunately, there are many tools and guides available online to help you compare a possible destination to your current location before making the decision to move.

When it comes to perceptions about tax rates, California gets a bad wrap. While many active adults are drawn to the Golden State for its idyllic weather, diverse entertainment options, and proximity to the beach, mountains, lakes, and other natural wonders, others are put off by what they believe to be high tax burdens.