Posts by ALEX.fyi Staff
Reverse Mortgages: What You Need to Know
For the many baby boomers entering retirement house-rich and cash-poor, reverse mortgages are an enticing alternative to supplement their income. For many, reverse mortgages can provide more flexibility than conventional home equity loans. They can also be a more expensive form of borrowing, and they come with their own set of risks. If you or […]
Fixed Annuities for Different Retirement Income Needs
With more than 10,000 baby boomers crossing the retirement threshold each day, an increasing number of retirees and pre-retirees are turning to fixed annuities for greater predictability and security in their retirement income. Fixed annuities—known for safety of principal, competitive yields, tax-deferred earnings, and guaranteed income—have been a mainstay of retirement planners for decades. They […]