William Kistler views retirement like someone tied to the tracks and watching a train coming. It’s looming and threatening, but there’s little he can do.

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Adding up to a modest-sounding 1 percent a year — would erase $70,000 from an average worker’s account over a four-decade career compared with lower-cost options.

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

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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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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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