Fidelity Investments®’ Q2 2024 retirement analysis revealed that retirement account balances grew for a third consecutive quarter and that Gen X, in particular, saw IRA contributions the highest … more Fidelity Releases Q2 Retirement Savings Analysis
Darryl Hicks is Vice President of Communications for the National Reverse Mortgage Lenders Association. In this capacity, Hicks writes for NRMLA's publications, manages the association's web sites and social media accounts, assists committees and the Board of Directors, and manages the Certified Reverse Mortgage Professional designation. Prior to joining NRMLA in 1999, Hicks spent three years in the Washington, D.C. bureau for National Mortgage News.
From the Top: Marion McDougall, CEO, Celink
For two decades, Celink has been the nation’s leading subservicer of reverse mortgages. Celink’s clients own the servicing rights to the loans they originate but contract with Celink … more From the Top: Marion McDougall, CEO, Celink
Servicing Corner: Preparing Borrowers and their Heirs for the Death of the Last Borrower
Being prepared in advance is key. The more the borrower and their heirs understand in advance, the smoother the resolution of the HECM loan and property will go … more Servicing Corner: Preparing Borrowers and their Heirs for the Death of the Last Borrower
Why Americans Are Pleasantly Surprised in Retirement
For 22 years, Gallup has conducted an Economic and Personal Finance survey in April that has surveyed non-retirees’ and retirees’ expectations for living a financially comfortable retirement. This … more Why Americans Are Pleasantly Surprised in Retirement
Top Three Social Barriers to U.S. Senior Health
Alignment Health’s 2024 Social Threats to Aging Well in America survey explores the primary social and environmental factors, known as social determinants of health, preventing U.S. seniors from … more Top Three Social Barriers to U.S. Senior Health
Washington State Establishes LTC Program for Older Population
Many older adults will need some form of long-term care during retirement, yet there remains a huge challenge over how to pay for it. In a new Issue … more Washington State Establishes LTC Program for Older Population
Social Security Benefits Lose 20 Percent Of Buying Power Since 2010
The 2024 Loss of Buying Power study published by The Senior Citizens League found that, on average, payments for retired workers would need to rise by $4,440 per … more Social Security Benefits Lose 20 Percent Of Buying Power Since 2010
HUD Announces Next HECM Note Sale
The Department of Housing and Urban Development published a notice in the Federal Register that announced its intention to sell 2,700 HECM notes secured by vacant properties with … more HUD Announces Next HECM Note Sale
Fidelity Estimates Healthcare Will Cost This Much in Retirement
Fidelity Investments® shared its 23rd annual Retiree Health Care Cost Estimate, revealing that a 65-year-old retiring this year can expect to spend an average of $165,000 in health … more Fidelity Estimates Healthcare Will Cost This Much in Retirement
HECM+QLAC=Retirement Security
Retirement advisor Jerry Golden explained how a HECM Line of Credit, combined with a Qualifying Longevity Annuity Contract (QLAC), can provide income and financial liquidity to make the … more HECM+QLAC=Retirement Security
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