Financial Saving Tips for Seniors

Posted on October 23rd, 2008 by Iwaller

During these difficult and challenging economic times, seniors and retirees have more of a challenge, especially those living on fixed incomes.  We see our savings, IRAs and money market accounts slashed 30% to 40%, and for some, even more.

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Filed under: Finances, Senior Finances

Reverse Mortgages The Good and the Bad

Posted on May 13th, 2008 by Iwaller

SENIORS – ALWAYS – ALWAYS: Do NOT sign anything you do not understand
Read EVERYTHING before you sign – get a 2nd opinion – If it SOUNDS too good to be true – IT IS
NEVER sign a loan application that has BLANK spaces
Reverse mortgages allow seniors over the age of 62, who are homeowners, to borrow [...]

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Filed under: Finances

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