The retirement crisis has been under way for a while. A growing share of older households has little or no savings, as costs for housing and health care, for instance, went up. Some worked longer, while others went borrowed more to pay their bills. The recession could quickly make things worse.
Finances should ladder up to personal fulfillment goals and lay the foundation for the next phase of life’s journey, whatever that might be. One of the biggest challenges is knowing who to talk to about what because many financial advisors are very siloed into their areas of expertise.
This article shows mortgage borrowers struggling to make their payments the impact of different forbearance options on their financial future.
The global shutdown in response to the coronavirus pandemic is going to have big effects on real estate markets worldwide. However, the situation we’re about to see play out will not be the same as what we witnessed in the wake of the 2008/2009 global real estate crash.
There are endless resources dedicated to teaching investors how to make money. Some experts say to go the stock market route, others say real estate. There is no right or wrong answer. But I do think there are two important aspects to creating wealth regardless of the path you choose. I’ll explain both here. View
“Time is money” says the proverb, but in real estate, it’s a struggle to have enough time in your day to close more sales. Chances are, most of your clients have an IRA for their retirement savings, which can be used to invest in real estate. With the help of a Real Estate IRA, you