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Considering a Reverse Mortgage?
- Written by Chuck
Lately we've been hearing a lot about reverse mortgages and the benefits they may offer to cash-strapped seniors. Briefly, reverse mortgages are available as long-term loans to people over age 62 who own their own home. Typically, the homeowner receives a cash payment, either in a lump sum or as a line of credit, and is allowed to remain in the home. The loan (principal and interest) is repaid when the owner sells the house or dies. While this may sound attractive, these loans are subject to abuse, which can create unexpected problems, so if you're tempted, be sure to investigate thoroughly.
6 Essential Steps to Help Your Parents Move into a Retirement Community
- Written by Justin Greig
When your parents are ready to move into a retirement home, the transition marks a major milestone in their lives. Emotionally and physically, your parents need your support. Help them make the transition as smooth as possible with these six tips.
Are You Getting Your Omega-3s?
- Written by Chuck
A new study conducted at Ohio State University and reported in The Atlantic, demonstrates that a healthy balance of omega 6 to omega 3 essential fatty acids (EFAs) may actually slow the aging process by lengthening the telomeres at the ends of our chromosomes.
Yes, this sounds pretty technical, but the main point is that supplements such as fish oil and hemp oil are beneficial not just because they improve our circulation, but because they reduce inflammation caused by oxidative stress and reduce vulnerability to age-related diseases.
Ways Women Can Bring in Extra Income During Retirement
- Written by James Burrow
Planning for retirement inevitably requires early savings and working toward building up the funds for a comfortable life during the golden years. Retirement plans aren't what they were 50 years ago as human lifespan has increased over the years and more men and women are living longer lifespans and have to plan ahead for life after retirement. Since women have a longer life expectancy and face a wide range of challenges related to retirement, it can be helpful to take measures to bring in extra funds after retiring.
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