retirement nest egg

Are You Using Your Retirement Money to Pay for College?

There’s a saying: “Times are tight, the wallet’s thin.” While that may be true, it doesn’t mean that you should raid your retirement funds in order to pay for your child to go to college. However, according to Sallie Mae, the largest student loan provider in the United States, one third of parents dip into […]

saving money in piggy bank

Save Money, Make Money

Did you know that you can get paid to save money? This isn’t some pyramid scheme or a scam. There are real, credible ways for you to make money while saving money. For example, the Internal Revenue Service (IRS) offers a Retirement Savings Contributions Credit (sometimes referred to as the Saver’s Credit). Also, there are […]

devil getting into retirement savings

Why You Shouldn’t Take Out a 401(k) Loan

When it comes to taking out a loan your most common option is to apply for one through a lender. It seems though that now more people are turning to their 401(k) for a loan as well. It’s understandable as this isn’t a typical loan since you don’t really need to apply for it or […]

house on pile of money

Your Reverse Mortgage Cheatsheet

We’ve explained the advantages and disadvantages of a reverse mortgage before, but this handy dandy reverse mortgage fact sheet is perfect for anyone who still has questions. Courtesy of the infographic contains information about how reverse mortgages work, how to qualify, and how much they could cost you.

house made of money

The Pros and Cons of a Reverse Mortgage

Once we start getting older there are a lot of things to think about like figuring out where you’ll spend the rest of your days. If you own a home this might not be a big worry, but what about all the other typical day-to-day expenses? Unless you plan on continuing to work you might […]