Archive | Your Money

Business, finance, employment,

5 signs U.S. jobs market finally accelerating

More workers in the prime 25- to 54-year-old age group are finding jobs. The winter freeze was less destructive to hiring than had been assumed. Layoffs have declined since February. And an increase in hours worked suggest that incomes will rise.

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Money, finance, retirement, 401K, IRA

Could a market decline help 401(k) retirement?

Money managers say take a breath — downturns could offer opportunities to strengthen your retirement savings for the long run.

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Reverse mortgage myth busters

By Alain Valles Reverse mortgages are becoming a crucial component of financial planning for senior homeowners. These government-insured loans, also known as Home Equity Conversion Mortgages (HECMs), convert illiquid home equity into tax-free cash. Though reverse mortgages were introduced in 1987, many people still carry old and misguided ideas about what a reverse mortgage is […]

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The ins and outs of reverse mortgages

By Alain Valles “I heard reverse mortgages are bad” is the response I often receive when I tell people what I do. Fortunately, I don’t take it personally, but view those exchanges as an opportunity to share the pros, cons and myths about reverse mortgages. The conversation usually ends with the person saying, “Wow, I […]

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discrimination

Seeking a softer retirement landing

“They say you have the retirement party one day and you come back to work the next,” said Mary Jo Finchum, spokeswoman for the Muscatine, Iowa-based company.

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Money

Mutual Funds: Are fees to high?

It’s easy to overlook what’s important when it comes to saving money. Many people would sooner clip a coupon for shampoo than review the expenses they’re paying to invest in mutual funds.

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