Don’t let debt destroy your retirement plans

CSA®, Founder, Blackston Financial Advisory Group, David Blackston, RFC®, and CEP® •
Kiplinger

People come to my office expecting to talk about making and saving money. But more and more lately, the conversations we have are about their need to get out of debt. I’m starting to see a trend of retirees, people in their early 60s and even mid-70s, who are in debt up to their eyeballs.

Read More...


How to get the lowest mortgage rates possible

Holly Johnson •
The Simple Dollar

When it comes to financing your home, a basic understanding of certain financial principles will help you get the lowest mortgage rates. For example, you should know that your credit score might determine what kind of mortgage rate you qualify for. Also, it’s crucial to understand the different types of mortgages available, what their drawbacks

Read More...


Reverse mortgages continue to evolve

Editor, Rachel L. Sheedy, and Kiplinger's Retirement Report •
Kiplinger

With almost all new reverse mortgage loans backed by the federal government, Uncle Sam continues to wield his power to overhaul the Home Equity Conversion Mortgage, or HECM, program. The goal is to reduce a surprisingly high default rate on the loans–about 10%, far above the default rate on regular home mortgages. The government hopes

Read More...