10 Terrifying Facts Keeping Retirees Up At Night

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terrifying facts

Terrifying facts and statistics are keeping retirees like you up every night. According to the Employee Benefit Research Institute, 46% of all American workers have less than $10,000 saved for retirement. Even more terrifying, 29% of all workers have less than $1,000 saved. It’s clear that many Americans are saving far too little for their… Read more »

Poverty Among Retirees: Nearly One Third Affected

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    Poverty Among Retirees is More Common Than You Think A recent study has revealed that fully one third of all soon-to-be-retired American workers will likely live at or below the poverty line. Poverty among retirees is due in no small part to the fact that fewer Americans than ever before have access to… Read more »

Poor Savings Habits Hinder Retirement Plans

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poor savings habits

As we speak to more and more seniors close to retiring we are noticing that many are very insecure about retirement. The major reason is uncertainty with the economy, poor savings habits, and financial markets. Poor Savings Habits Hurt You in the Long Run The typical working household close to retirement age had only 111k… Read more »

Housing Counseling Saves Millions

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housing counseling

Housing Counseling Housing counseling saves millions every year—both for reverse mortgage borrowers as well as households with traditional forward mortgages. In the reverse mortgage business, agencies are seeing a rising number of counseling sessions this year, as well as a short-term uptick due to product changes implemented in early August. And according to a recent… Read more »