What you need to know about saving for retirement

What you need to know about saving for retirement

Saving for retirement is the first step toward guaranteeing a comfortable lifestyle for you and your spouse after you stop working. Let us go through some basic principles and aspects of saving for retirement to help ...

Reverse mortgage basics

Reverse mortgage basics

Your retirement funds, Social Security and other savings may not be enough to carry you through your retirement years. But a reverse mortgage could pay you the kind of money you’re looking for. Here’s what you need ...

Should I take my pension as a lump sum?

Should I take my pension as a lump sum?

Lump-sum or installments? This is the question that bedevils most Baby Boomers who have retired or are about to retire. The answer to this question is not fixed, as it would depend on each individual’s personal and ...

Beware of the pyramid scheme

Beware of the pyramid scheme

The financial world has stringent laws that protect investors, companies, and all other parties involved from becoming victims of investment and financial fraud. Yet, sometimes people unknowingly fall for many ...

Why Join?

BoomerWallet is a robust community where members contribute their know-how and collaborate with other people in their field. Join BoomerWallet now and be part of the conversation.