Bob Carlson’s ideas and strategies for managing home equity and choice of housing to maintain a budget
Mortgage interest rates are tumbling, spurring many people to buy homes or refinance current mortgages. When shopping for a mortgage, one of the first decisions is whether to choose a fixed rate or adjustable rate mortgage (ARM), sometimes known as a variable rate mortgage. Often there is a meaningful difference, or spread, between interest rates […]
We’ve all heard and imagined the fantasies of living at least part of our retirement years overseas. You probably read articles and mail promotions describing overseas “retirement edens” and describing how you can live like a king on a couple thousand dollars a month. And of course, there are those fabulous tax breaks. It all […]
Many of you have seen those seminars or publications on shifting assets to qualify for Medicaid’s nursing home coverage. I know, because you send me questions about them. Here is a guide to those strategies and the angles you need to consider before pursuing them. Medicare, the program to assist seniors with health care, covers […]
Many of you have achieved that ultimate financial goal of owning a home debt-free. As comforting as that is, it might not be the best financial move. Home equity can be a low risk way to increase your after-tax wealth, especially in this era of low cost, low interest rate, easy-to-get home equity loans. I’ve […]
What you don’t know about retirement can hurt you. In fact, just a few wrong decisions in your investments, taxes, or estate planning could completely derail your retirement plans. Worse yet, the rules of the game keep changing, making it harder to keep up. For these reasons, I’ve assembled all the key points – everything you need to know — into one comprehensive report. Click here today for free access.
My parents have reached the point where they are tired of keeping up their big house. They are thinking of downsizing, and are looking at other housing options. They’ve learned that in what is called the senior housing market, there are many options, some of which didn’t exist just a few years ago. The trick […]