We speak constantly about gettting out of debt. Owning a home outright with no debt whatsoever. So why would anyone want to get involved with a reverse mortgage? The first step is to understand what a reverse mortgage is. A reverse mortgage requires a lender to pay you in installments. These payments can be used for immediate cashflow purposes such as retirement income. The amount of money a person can take out depends on the home’s appraised value, the amount of equity in the home, and a persons age. If you […]

There’s no doubt age bias is alive and well in some American workplaces, but older job seekers can generally sidestep it by applying to companies which say they embrace this segment of the labor pool. For instance, Home Depot, Borders, Cingular, CVS/pharmacy, Kelly Services, Manpower, MetLife, New York Life Insurance and Walgreens are just some of the companies on AARP’s list of featured employers — and they’re all companies which say they’re eager to hire older workers.    Often, these companies turn to gray-haired job seekers as a response to […]