Cost Keeps Many Americans From Getting Hearing Aids
A hearing aid can set you back as much as $7,000, and that’s the main reason more Americans don’t use one, a new study finds. The report also suggests that many people are too …
retirement
USA Today Lists Reverse Mortgages as a Key Nest Egg Booster
USA Today listed reverse mortgages among multiple potential options for retirees to build their nest eggs, specifically pointing to the Home Equity Conversion Mortgage’s line-of-credit feature. Citing Kerry Uffman, founder of TWRU Private Wealth …
Exercise an Antidote for Aging
If you want to counter the physical costs of getting old, regular exercise might be your best option, researchers report. The findings “debunk the assumption that aging automatically makes us more frail,” said researcher …
One in Three U.S. Households Will be 65+ By 2035
The statistics about the waves of baby boomers turning 65 each day are old news to anyone who works in a senior-focused industry. But a new report from Harvard University adds a new twist …
Inside the Reasons Why Seniors Choose the HECM for Purchase
Lifestyle, ease of upkeep, and proximity to family are main criteria for seniors who choose a Home Equity Conversion Mortgage for Purchase loan, many originators agreed. Christina Harmes, assistant manager for C2 Reverse in …
Want to Live Longer? Eating a Little Less Might Do the Trick eating in a restaurant
Putting just a bit less on your dinner plate each day might be key to a longer life, preliminary research suggests. People who reduced their caloric intake by just 15 percent over two years experienced …
Reverse Mortgages Help Curb Retirement Risk for Divorced Women
Reverse mortgages have been increasingly pitched as a way to stave off the effects of so-called “gray divorce,” and a new research brief shows just how a split can put both parties’ retirement futures at …
Why Today’s Seniors Are Primed to Tap Home Equity for Retirement
Rising household wealth held by older adults in recent years have put today’s seniors in a better position to tap home equity for retirement purposes. But increasing housing debt among this population could hinder their …
69% of Seniors Say Social Security ‘Critical’ to Retirement Plans
More than two-thirds of seniors say that Social Security benefits are critical to their retirement planning according to a new survey, while a plurality said their biggest financial regret from their younger days was not …
Less than 40% of Americans on the Right Retirement Track
Less than 40% of Americans say their retirement plans are on track, and non-retirees report widespread confusion about some common financial tools and concepts, according to a new report from the Federal Reserve. Three-fifths …
