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Latest Debt News

What’s the Real Cost of Downsizing Your Home in Retirement?

Image source: UnsplashFor many retirees, downsizing seems like a smart financial move. You sell your larger home, move into a…

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9 Surprising Ways Adult Children Can Drain Your Retirement Funds

Image source: UnsplashMany parents dream of helping their children succeed—whether that’s contributing to their college tuition, offering a down payment…

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Are Reverse Mortgages Just Delayed Foreclosures?

Image source: Unsplash Reverse mortgages are marketed as a lifeline for retirees, especially those who are house-rich but cash-poor. They…

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Who Inherits Your Debt If You Die Without a Will?

Image source: Unsplash Most people spend more time thinking about who will receive their assets after they pass than about…

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6 “Helpful” Services That Are Actually Scams Targeting Retirees

Image source: Unsplash Retirement should be a time to enjoy the freedom you’ve earned, but unfortunately, it’s also a stage…

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7 Types of Retirement Plans That Make You Pay to Withdraw

Image source: UnsplashRetirement planning involves more than just saving money. It’s about understanding how and when you can access those…

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What Are Banks Allowed to Do With Your Money While You Sleep?

bankingWhen you deposit money into a bank account, it doesn’t just sit in a vault waiting for you to use…

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Are You One Emergency Away From Losing Medicaid Eligibility?

Image source: Pexels For millions of older adults, Medicaid serves as a crucial safety net, covering everything from nursing home…

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Is That “Free” Financial Seminar Actually a Sales Trap?

Image source: PexelsAt first glance, a free financial seminar might seem like a golden opportunity. A complimentary meal, a pleasant…

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How Many Fees Are Hiding in Your Retirement Community Bill?

For many older adults, moving into a retirement community offers the promise of peace of mind: predictable expenses, on-site support,…

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