If you are retired and are finding that you do not have enough money to do the things you want to do, you could consider taking a reverse mortgage on your home. To qualify for a reverse mortgage, you must meet certain conditions, and a lender can tell you more about these. With a reverse mortgage, a bank pays you each month, and you will only have to repay this money if you sell your house or move out of it.…
Read More »Experts in the financial planning industry will tell you that the best time to start saving money and planning for retirement is when you are in your 20s. If you are currently in this age group and are wondering how you should handle this important aspect of your finances, you may want to meet with a financial planner at a firm like Domestique Capital LLC. The planner you meet with can offer tips and strategies for you, and here are some tips he or she may offer.…
Read More »A fixed-index annuity is one type of investment that secures your retirement savings so that you can receive a predictable flow of income in the future. Including fixed-index annuities in your retirement plan protects you from losing money during negative years, and earnings can grow over the long term. Unlike higher-risk investments, you may not earn a lot of money, but you won’t lose any of your investment. Therefore, it may be to your benefit to look into fixed-index annuities to understand how they work and the benefits they offer.…
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