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What are the potential home equity and tax strategies for wealthy seniors?
HousingWire via Yahoo Finance· 2 weeks agoIf a wealthy client used a reverse mortgage and gifted the proceeds, there would be no tax liability...
How Reverse Mortgages Work
Investopedia· 1 day agoHow does a reverse mortgage work? Generally, a reverse mortgage enables a homeowner age 62 or older to access equity ...
Labor Department announces new rule to shield retirement savings - HousingWire
HousingWire· 2 weeks agoThe U.S. Department of Labor (DOL) on Tuesday announced a new rule that governs retirement advice,...
Planning Your Retirement? Don't Forget About Home Equity
SmartAsset via Yahoo Finance· 1 week agoHistorically, financial advice has treated homes as a source of wealth. When you buy a house –...
I’m a Financial Advisor: These Are the 6 Biggest Money Mistakes People Make in Their 50s
GoBankingRates via AOL· 1 day agoFinancial planning is important at all stages of your adult life, but it's doubly so once you reach...
Retirement Redefined: Home Equity & Single Women Over 62
TheStreet.com· 1 week agoExplore how reverse mortgages can unlock home equity for a more secure future. Whether through the loss of a spouse or the increasingly common “gray divorce ...
Worried About Assisted Living Costs? Here Are Your Options
SmartAsset via AOL· 2 weeks agoLong-term care in residential facilities like nursing homes is afinancial challenge for many. When...
7 Things the Middle Class Won’t Be Able To Afford in the Next 5 Years
GOBankingRates via Yahoo Finance· 3 days agoSay you're riding high -- financially speaking. You've acquired a middle class lifestyle and...
House prices fall again as mortgage rates spike
Evening Standard via Yahoo Finance· 6 days agoOther factors weighing on the property market include stretched affordability and prolonged political uncertainty in the run-up to the general election....
Bank Taps Schitt’s Creek Duo to Battle Canadian Stranglehold
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- A small Canadian lender is muscling its way into the banking big leagues — and that’s...
