Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. A ...

The realities of retirement may look a lot different now than you once imagined. While Social Security, pensions and investment withdrawals remain the backbone of retirement funding, issues with ...

Reverse mortgages have become increasingly popular among seniors aged 62 and older, with loan volumes reaching $13.2 billion in 2022. This surge is largely driven by the need for supplemental ...

What can you tell me about reverse mortgages? When my husband passed away last year my income dropped almost in half, and I’ve been struggling to keep up with my monthly living expenses. — Senior ...

ORANGE COUNTY, CA, UNITED STATES, December 27, 2024 /EINPresswire.com/ -- As seniors seek innovative ways to enhance their retirement planning, the Reverse Mortgage ...

The Home Equity Conversion Mortgage for Purchase may be a cost effective way for seniors to both obtain a reverse mortgage and buy a new home in a single transaction, however, very few aging ...

It’s curious how companies promote the launch of a new product or program but do little to inform consumers when it is no longer available. Financial Freedom Senior Funding Corporation was founded in ...

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Reverse mortgages allow older homeowners to turn part of their home equity into tax-free cash, using a loan that doesn’t have to be paid back until they die, sell or move out. That sounds good to a ...