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Retirement Planning Services Aiken SC

See below to find local retirement planning services in Aiken that provide access to advice on saving programs, investing strategies, real estate planning, traditional pensions, and Social Security as well as advice and content on retirement calculator and creating a secure retirement plan.

Mr. Rhett N. Sinclair, CFP®
(803) 642-8480
5130 Woodside Executive Ct
Aiken, SC
Firm
Rhett N. Sinclair & Associates Inc.

Data Provided by:
Dale Duhon
90 Barron Way
Aiken, SC
Company
Company: Creative Retirement Concepts, LLC
Years Experience
Years Experience: 40
Service
Life Insurance,Investment & Portfolio Management,Retirement Income Distribution Planning,Retirement Planning,Estate Tax Planning,Asset Protection Strategies & Planning,Annuities,Annuity Ideas & Strategy Planning,Retirement Income Accumulation Planning

Data Provided by:
Mr. Gregory D. Roberts, CFP®
(803) 617-9805
309 Steeple Ridge Rd
Aiken, SC
Firm
Insurance Designers of Kansas City
Areas of Specialization
Comprehensive Financial Planning, Elder Care, Estate Planning, Insurance Planning, Investment Planning, Long-Term Care, Tax Preparation
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
David E. Moore (RFC®), LUTCF
803 613 9486 x-12
Talbert & Moore Business Center
North Augusta, SC
Company
Talbert & Moore Financial Group
Qualifications
Education: MDRT, RFC, CLTC, LUTCF
Years of Experience: 20
Membership
IARFC, MDRT, NAIFA
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Pension Planning, Executive Compensation Planning, Retirement Planning, Tax Planning, Seminars Work, Employee Benefits, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Auto Home Insurance, Charitable Planning, Education Plan, Healthcare Accounts, Asset Protection, BuySell, LiabCover

Data Provided by:
Mr. James W. Hankinson, CFP®
(706) 722-4909
1259 Greene St
Augusta, GA
Firm
Hankinson Wealth Management Inc
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Estate Planning, Insurance Planning, Intergenerational Planning, Investment Management, Investment Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $100,001 - $250,000

Profession: Not Applicable

Data Provided by:
Mr. Arthur W. Rich, CFP®
(803) 649-3923
205 Barnwell Avenue, NW
Aiken, SC
Firm
Arthur W. Rich, PA

Data Provided by:
Mr. Gerald W. Fuller, CFP®
(706) 481-0222
2338 Club Dr
Aiken, SC
Firm
Wells Fargo Advisors

Data Provided by:
Mr. Ronald D. Lewellyn, CFP®
(803) 648-2692
PO Box 7227
Aiken, SC
Firm
Cherry Bekaret and Holland LLP

Data Provided by:
Mr. Richard M Sligh, CFP®
(803) 202-9200
PO Box 7256
North Augusta, SC
Firm
Sligh Financial Group, LLC
Areas of Specialization
Retirement Planning

Data Provided by:
Mr. J. Leland Adams, CFP®
(706) 823-4151
933 Broad St
Augusta, GA
Firm
Merrill Lynch
Areas of Specialization
Asset Allocation, Banking, Budget Development, Investment Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000

Profession: Business Executives

Data Provided by:
Data Provided by:

Retirement Income from Your Manufactured Home



Retirement Income from Your Manufactured Home
Wed 09/05/07 10:16:20 am
Enjoy the Equity You Invested

Whether seeking money to finance a home improvement, pay off a current mortgage, supplement your retirement income, pay for healthcare expenses, or just to enjoy life, many older Americans are turning to reverse mortgages. They allow senior homeowners to convert part of the equity in their homes into cash without having to sell their homes or take on additional monthly bills These loans are being viewed as alternative income for seniors who don't want to liquidate their stock and bond assets in a down market.

A reverse mortgage allows home owners aged 62 and older to receive a loan against their home -- either in the form of a lump sum, regular monthly checks or a line of credit -- that's repaid with interest when the borrower sells the house, permanently moves, or dies.

They were once branded predatory loans that preyed on vulnerable older people. For years, the market was dominated by products with convoluted pricing structures, high exit fees and out-of-control interest rates.

But they have gained more credibility in the last decade, tamed by legislation in the mid-1990s that required more upfront disclosures of costs. Plus, software that allows for objective comparisons of loan offerings has helped people get a handle on their options, said Bronwyn Belling, reverse-mortgage specialist at the AARP Foundation, a unit of AARP in Washington, D.C..

Adding to people's comfort levels, the first federally insured product was introduced in 1989. It now makes up about 95% of all reverse-mortgage sales.

In the last fiscal year ended Sept. 30, the number of reverse mortgages rose to a record 13,049. That's nearly double the previous record of 7,982 in 1999, and last year's total sales of 7,781, according to data from the National Reverse Mortgage Lenders Association, NRMLA, a trade group for reverse-mortgage lenders in Washington, D.C.

Today's borrowers seem to be using cash from reverse mortgages to pay down remaining debt on their traditional mortgages, and using the remainder to fund other retirement costs, said Jeff Taylor, vice president for senior products at Wells Fargo Home Mortgage in Greensboro, N.C. Seniors are seeking a combination of payment method -- lump sum and monthly check or line of credit and monthly check, he added.

The reason some homeowners turn to a reverse mortgage instead of a traditional home-equity line of credit is because debt payments, including interest and other costs, are stalled until a later date, usually when the owner dies. Few out-of-pocket costs can be a huge lure for income-strapped retired people.

But as more people become aware of the potential benefits of a reverse mortgage -- a trend that is expected to continue as the population over the age of 62 expands -- they should also be aware of the drawbacks.

A Reverse Mortgage is a loan that is gua...

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