Target Date Retirement Funds: The competition heats up

Each year students in my investing class had to investigate individual retirement accounts (IRAs) and mutual funds to select the best fund for their IRA. With tight budgets, student loan payments looming after graduation, and credit card balances, saving for retirement was NOT their top priority. But after seeing examples of compound interest and how…

HELOCs versus Reverse mortgages

For senior homeowners facing large expense such as roof replacement or needing extra cash tomake ends meet each month, home equity lines of credit are one option; reverse mortgages another. Learn the pros and cons of each at https://www.thestreet.com/story/13698522/1/helocs-vs-reverse-mortgages-which-is-right-for-seniors-facing-a-financial-emergency.html Source: Financial Planning for Women

Smart Spending in Retirement… How to make your money last

Making the transition from a regular paycheck to a retirement paycheck is a real challenge in today’s low interest rate environment. A great resource to help you decide how to budget and spend down your assets in retirement is available at: https://www.moneygeek.com/seniors/resources/smart-spending-in-retirement/ Source: Financial Planning for Women