Kimberly Turner's (lturner) Blog

Home Equity Line of Credit vs. Reverse MortgageThe differences between a Reverse Mortgage and a standard equity loan are that the Reverse Mortgage NEVER requires the senior to make a monthly payment. For as long as the applicant lives in the home, there are no payments required. The cash flow tha...

More than 42 percent of all retirees will have significantly less income at age 80 than they did at age 67, according to a recent study by the Urban Institute.Two life-changing events such as the death of a spouse or the onset of poor health can decrease the wealth and income that, at the time of...