Whether seeking money to pay for medical treatment, finance a home improvement, buy long-term care insurance, or supplement their income, many older Americans are turning to “reverse mortgages.” They allow older consumers to convert the equity in their homes to cash while retaining home ownership. (more…)
Establishing and defining the client-planner relationship.
The financial planner should clearly explain or document the services to be provided to you and define both his and your responsibilities. The planner should explain fully how he will be paid and by whom. You and the planner should agree on how long the professional relationship should last and on how decisions will be made. (more…)
Know Your Retirement Needs.
Retirement is expensive. Experts estimate that you’ll need about 70% of your pre-retirement income-lower earners, 90% or more - to maintain your standard of living when you stop working. Understand your financial future. (more…)
Livonia, MI (PRWEB via PR Web Direct) April 18, 2005 — Mortgage interest rates dipped dramatically last week in what many are saying could be the last chance for consumers to lock in a historically low rate before they go up. (more…)
(PRWEB) April 15, 2005 — Here are some relevant questions for you:
Who are my beneficiaries under my superannuation fund and ordinary policies and have I advised the various trustees?
When I last changed a debit authority and the bank account details, did I consider that the purpose for which I set up the policy may have changed? (more…)
(PRWEB) April 13, 2005 — Defer Taxes using IRAs, SEPs, 401k’s, and now Health Savings Accounts.
There are several investment options tax-payers can use to lower their taxable income, and most can be funded as late as April 15. In addition to IRAs, and 401k’s, many individuals now also have the opportunity to put money aside in a Health Savings Account. (more…)
(PRWEB) April 11, 2005 — Auto Insurance Planners, an Internet auto insurance information hub, has added state-specific car insurance information and quotes for all 50 states including the District of Columbia. This insurance information by state is now easily accessible to online consumers who can find auto insurance information or quotes tailored to a specific state. (more…)
(PRWEB) April 22, 2005 — KeepAHome.com, a leading foreclosure solutions provider, offers a viable resolution to foreclosure problems to those who are at risk of losing their homes. KeepAHome.com develops time-sensitive strategies for regaining financial solvency by connecting the client with appropriate financial professionals who can supply comprehensive foreclosure solutions tailored to the individual. These professionals then become the guide to achieving financial wellness and piece of mind for the at-risk homeowner. (more…)
Adjustable-rate loans, also known as variable-rate loans, usually offer a lower initial interest rate than fixed-rate loans. The interest rate fluctuates over the life of the loan based on market conditions, but the loan agreement generally sets maximum and minimum rates. When interest rates rise, generally so do your loan payments; and when interest rates fall, your monthly payments may be lowered
Annual percentage rate (APR) is the cost of credit expressed as a yearly rate. The APR includes the interest rate, points, broker fees, and certain other credit charges that the borrower is required to pay. (more…)
Marstons Mills, MA (PRWEB via PressReleaseHelp) April 18, 2005 — When The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 takes effect in six months—which it’s expected to do after President Bush signs it this week—it will prevent consumers who do not meet new tougher means-testing standards from declaring bankruptcy. Instead, they will have to undergo debt counseling and pay back their debts over time. (more…)
