If you’re over the age of 62 and in need of some extra cash flow in your retirement, you may be considering a reverse mortgage. Borrowing money from your home equity might sound like a good idea, but is it actually a wise move financially? Here are some things to consider when making the decision to take out a reverse mortgage on your home.

In many respects, people can be their own worst enemies in their quest for financial security. When you consider that our lives are nothing more than a culmination of the decisions we make each day, if we tend to make more bad decisions than good decisions, or worse, if we can’t make decisions at all, it’s should be no surprise when financial security  remains elusive.

Universal Life Insurance Explained

by AMeen Estaiteyeh on

Universal life insurance was launched in the early 1980’s at a time when interest rates were historically high and its forebear, whole life insurance couldn’t satisfy consumer appetites for high returns that were available in bank CDs and money market accounts.  Universal life offered an alternative means to purchase a permanent form of life insurance that also provided flexibi

A growing number of parents are becoming concerned over the limitations of their college savings options and the poor returns they’re generating. 529 college savings plans have been criticized for their anemic returns and high fees, and parents are often limited to plans available in their state.

How to Build a Realistic Budget and Stick with it

by AMeen Estaiteyeh on

At the core of any successful financial enterprise, be it a household or a business, is a sound and effective budget plan that is used to drive all cash flow decisions, large and small, on a daily basis.

When Should I Get a Variable Life Policy

by AMeen Estaiteyeh on

Variable life insurance was introduced in the 1970’s as a way for people to achieve higher returns on the cash value portion of their life insurance policies.

ETFs and index mutual funds are emerging as the investment of choice for investors who are discovering the virtues of passive investing. Not surprisingly they have both seen an explosion of growth and are especially popular choices for retirement plans and investors with a long time horizon.

Should You Retire at the Same Time As Your Spouse?

by AMeen Estaiteyeh on

If you and your spouse are making plans to retire, you’re probably wondering whether it’s a good idea to retire at the same time. Many couples go through the same thought process and, in fact, one in four couples quit their jobs within a year of each other. But retirement is a decision that should...