The Boomer

3 ways to tighten your finances, learned from the Great Recession

Ten years after the housing market crash of 2007 and onset of the financial crisis known as the Great Recession, a new survey finds that nearly one-in-three Americans (30 percent) believe they have yet to recover financially or never will, despite signals from the Federal Reserve that the U.S. economy is growing.

What seniors should know about reverse mortgages

Forget downsizing or migrating to warmer weather, an overwhelming number (83 percent) of pre retirees and retirees today say they want to remain in their homes for as long as possible, according to a new survey from The American College of Financial Services.

What Rising Interest Rates Mean for Annuities

Annuities can serve to be an important leg in your retirement portfolio no matter what the current interest rates are. It is difficult to determine the perfect time to invest in an annuity, but with a projected hike in rates, it might be a good time to weigh the option.