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Retirement

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Most Americans retire without a savings withdrawal plan

July 22, 2025 by bp56691
Retirement tech firm IRALogix says about half of American retirees don’t take a systematic approach to withdrawing their retirement assets.
Categories HWmember, Inflation, Retirement, Reverse, Social Security

The bank of mom and dad can strain retirement

July 14, 2025 by bp56691
The failure-to-launch trend among Gen Z has strained their parents’ finances, with real consequences for their retirement plans.
Categories baby boomer, gen x, Gen Z, HWmember, Millennials, Mortgage, Retirement, Reverse

In Northern Virginia, senior housing has a supply-and-demand ‘disconnect’

July 11, 2025 by bp56691
Fairfax County, which borders the District of Columbia and is home to about 1.1 million residents, is experiencing a “disconnect” between its affordable housing supply and the number of seniors living on a fixed income.
Categories Affordable Housing, Aging in Place, HUD, HWmember, Rental Assistance, Retirement, Reverse, Virginia

What’s the best strategy for seniors to take required minimum distributions?

July 8, 2025 by bp56691
Derek Horstmeyer, a finance professor at George Mason University, gamed out three different but common strategies on RMDs in a column published by The Wall Street Journal.
Categories HWmember, Internal Revenue Service, Retirement, Reverse, Tax

Layoffs are blurring the retirement lines for seniors

July 7, 2025 by bp56691
For older people who wish to stay in the workforce, a layoff or buyout can radically change their financial picture.
Categories HWmember, Mortgage, Retirement, Reverse

IRS stipulation could have consequences for seniors in a declining stock market

June 16, 2025 by bp56691
Required minimum distributions are taxed as income and “can be painful when retirees have to sell assets in a falling market.”
Categories HWmember, Internal Revenue Service, New York Times, Retirement, Reverse, Social Security, Stock Market, Tax

Fairway, Longbridge lead reverse mortgage presence at The Gathering

June 11, 2025 by bp56691
Two reverse mortgage industry leaders break down some of the challenges and opportunities of serving senior homeowners.
Categories Fairway Independent Mortgage, HECM, HWmember, Longbridge Financial, Retirement, Reverse, The Gathering, The Gathering 2025

How can senior living challenge aging in place preferences?

June 5, 2025 by bp56691
One retired senior care executive described the challenges of competing with aging in place during a recent virtual forum.
Categories Aging in Place, HWmember, Retirement, Reverse

The best state to age in place is not where you think

June 3, 2025 by bp56691
If you think the best state for aging in place is a popular retirement destination, a new report encourages you to think again.
Categories Aging in Place, Florida, HWmember, Idaho, New Jersey, North Dakota, Retirement, Reverse, Texas, Utah

How important is public transit for aging in place?

June 2, 2025 by bp56691
The government of Canada found that public transit supports aging in place by reducing costs and strengthening social connections.
Categories Aging in Place, Canada, HWmember, Retirement, Reverse
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