As we grow older, our financial needs change. Perhaps you need a different strategy to cover your regular living expenses, or ...

Timing is everything, and when it comes to making financial decisions, it can be the difference between success and failure. For many seniors and older homeowners, many of whom are tied to limited ...

You've probably seen the commercials. Smiling seniors, pristine homes, promises of financial freedom. Reverse mortgages sound ...

Dear Annie: With reference to a recent column in which the reader said she had lost her home to a reverse mortgage, there are two primary ways this can happen, and I want to explain how to avoid this ...

Dear Savvy Senior: What can you tell me about reverse mortgages? When my husband passed away last year my income dropped almost in half, and I’ve been struggling to keep up with my monthly living ...

Retirees often struggle to operate on a fixed income — but today's economy, with its rising prices and increasing costs of living, makes things even harder. Fortunately for homeowners, there are ...

The reverse mortgage division of Rate — formerly known as Guaranteed Rate — recently announced the hiring of reverse industry veteran Jesse Allen as the president for Rate’s reverse lending division ...

While reverse mortgages in the U.S. have struggled to push beyond their current market penetration rate for the past several years, their international equivalents don’t always have the same ...

TOPEKA, Kan. (WIBW) - You see advertising for reverse mortgages everywhere, but are they worth considering? Carl Carlson, founder and CEO of Carlson Financial, visited Eye on NE Kansas to clear up ...

Listen and subscribe to Decoding Retirement on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. If ever you want to clear out a room, start a conversation about reverse mortgages.

The personal finance author explains why seniors should steer clear of this type of loan. Most financial professionals strongly recommend paying off all debt before retiring on a limited fixed income.