Many older adults find themselves coping with the emotions of downsizing, these emotions may include anxiety, stress, and sadness. Take time to speak with a counselor and work through your emotions. Not so that you won’t feel the way do, but so you can understand why. Reasons You May Feel Sad Moving from a big […]
Sometimes you get good advice and it’s not till much later that you realize the wisdom of the advice. Such is the case with advice from my dad. He often provided unsolicited advice about a host of things, which was usually unappreciated and not fully understood at the time. As a trainer for a large life […]
Life in retirement isn’t what it used to be. The economic landscape has changed, and people are living longer than ever. If you find yourself needing some extra money, or just bored, then you are in luck. There are plenty of part-time jobs available for retirees and seniors, and a lot of them can be […]
The period between 2006 and 2016 saw an 84% rise in tenants in their 60s. Although not every senior rents a property in their golden years, for many, it is becoming increasingly appealing. There are some definite benefits to living in a rental property as a senior, and while some prefer to live in their paid-off homes for […]
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3 Types of Reverse Mortgages: 1. Home equity conversion mortgages A home equity conversion mortgage or HECM (pronounced “heck ‘em”) is the only type of reverse mortgage that’s backed by the Federal Housing Authority. Available through FHA-approved lenders, HECM reverse mortgages are the most common type of reverse mortgages. HECM loans give borrowers the largest […]