How to Avoid a Financially Hard Retirement
Retirement is supposed to be the golden years for every senior. However, for many seniors, retirement can be stressful because they have a decreased income and the same financial responsibilities. One of the best ways for seniors to make their retirement years what they’ve always dreamed of is to avoid these financial setbacks.
Remaining in the Family Home with a Mortgage
Although many seniors love and cherish the home their children grew up in, a second mortgage could make it unaffordable. There are a number of reasons seniors would take out a second mortgage on their home. Unfortunately, if it’s not paid for before they retire, they could live check to check only paying bills. Instead of keeping
Retirement is supposed to be the golden years for every senior. However, for many seniors, retirement can be stressful because they have a decreased income and the same financial responsibilities. One of the best ways for seniors to make their retirement years what they’ve always dreamed of is to avoid these financial setbacks.
Remaining in the Family Home with a Mortgage
Although many seniors love and cherish the home their children grew up in, a second mortgage could make it unaffordable. There are a number of reasons seniors would take out a second mortgage on their home. Unfortunately, if it’s not paid for before they retire, they could live check to check only paying bills. Instead of keeping