For senior homeowners who prefer to age in place rather than downsize into a smaller, more manageable residence in retirement, a reverse mortgage is one option. But consumers should be aware not ...

A recent hearing for the Banking, Housing, and Urban Affairs Subcommittee on Financial Institutions and Consumer Protection sparked impassioned conversation between the Office of Older Americans and ...

I am a retired and divorced 75-year-old woman with one daughter. She will inherit what I’ve got and, believe me, she needs it. About seven years ago, I had a catastrophic health issue that required me ...

Dear Savvy Senior: Can you tell me about reverse mortgages? My wife and I are both in our 70s and are interested in learning more about this option. A reverse mortgage is a unique loan that lets older ...

I am a retired and divorced 75-year-old woman with one daughter. She will inherit what I've got and, believe me, she needs it. About seven years ago, I had a catastrophic health issue that required me ...