September 4th, 2025

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This Week's Featured Posts:

_{agebuzz Asks}

Agebuzz Asks: This Week’s Reader Poll: In response to the August 28th reader poll regarding plans for Labor Day weekend, fully one-half of all respondents said they do nothing special on this holiday weekend, citing such issues as traffic, long-distance family, or just a desire to relax and lay low (and perhaps clean up the yard!). For those who described plans, the most common responses had to do with local family gatherings (barbecue was popular!) or a special get-together with a grandchild or others not often seen. A few of you mentioned your last-gasp of summer plans, such as heading to a beach or attending a Labor Day parade. Whatever you did (or didn’t do), we hope you’re fired up and ready to take charge as we head toward the final quarter of this complicated and controversial year! Wishing you all a Fantastic Fall season! 

Retired and Need Extra Cash?

If you're retired and finding it tough to make ends meet on Social Security or a pension, a reverse mortgage could help take some of the pressure off. With the "tenure" payment plan, you can receive reliable monthly payments for as long as you live in your home and keep up with basic responsibilities like property taxes and insurance. It’s a way to turn your home’s value into extra income without giving up the place you love, so you can enjoy a more comfortable and secure retirement. To qualify for a reverse mortgage, you must meet the following requirements:

• You must be at least 62 years old.

• You must own your home outright or have a low remaining mortgage balance that can be paid off at closing with reverse mortgage proceeds.

• The home must be your primary residence (not a second home or rental property).

• Eligible properties include single-family homes, FHA-approved condos, townhomes, and certain multi-unit properties (up to 4 units, as long as you live in one).

• You must demonstrate the ability to pay property taxes, homeowners insurance, and maintenance costs.

• You must complete a HUD-approved reverse mortgage counseling session to ensure you understand the loan terms and implications.

*This is a sponsored post by Money Group, LLC.

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