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Retirement Planning Services Atlanta GA

See below to find local retirement planning services in Atlanta 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.

Micah Porter
Minerva Planning Group, Inc.
(877) 881-5379
1170 Peachtree St NE, Suite 1200
Atlanta, GA
Expertises
Ongoing Investment Management, Retirement Plan Investment Advice, High Net Worth Client Needs, Women's Financial Planning Issues, Hourly Financial Planning Services, Investment Advice without Ongoing Management
Certifications
NAPFA Registered Financial Advisor, CFA, CFP®

Bobbie Munroe
Fraser Financial
(404) 351-6976
1873 Volberg Street NW
Atlanta, GA
Expertises
Helping Clients Identify & Achieve Goals, Ongoing Investment Management, Newlyweds & Novice Investors, Planning Issues for Unmarried & Same-Sex Couples
Certifications
NAPFA Registered Financial Advisor, CFP®

Annika Ferris
Brightworth, LLC
(404) 760-9000
3280 Peachtree Road, NE, Suite 2075
Atlanta, GA
Expertises
Planning Concerns for Corporate Executives, Women's Financial Planning Issues, Divorce Planning, Estate & Generational Planning Issues
Certifications
NAPFA Registered Financial Advisor, CFP®, CLU, MBA

Anthony Guinta
Homrich Berg
(404) 264-1400
3060 Peachtree Road, Suite 830
Atlanta, GA
Expertises
Estate & Generational Planning Issues, Charitable Giving - Trusts & Foundations, High Net Worth Client Needs, Ongoing Investment Management, Tax Planning, Alternative or Private Investments
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA, CPA/PFS

Andrew Berg
Homrich Berg
(404) 264-1400
3060 Peachtree Road, Suite 830
Atlanta, GA
Expertises
Ongoing Investment Management, Tax Planning
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA/PFS

Brian O'Neill
Cahaba Wealth Management, Inc.
(404) 549-7678
999 Peachtree Street NE, Suite 790
Atlanta, GA
Expertises
Planning Concerns for Corporate Executives, Ongoing Investment Management, Advising Employee Benefit Plan Participants, Estate & Generational Planning Issues, High Net Worth Client Needs, Alternative or Private Investments
Certifications
NAPFA Registered Financial Advisor, CFP®

Ray Padron
Brightworth, LLC
(404) 760-9000
3280 Peachtree Road, NE, Suite 2075
Atlanta, GA
Expertises
High Net Worth Client Needs, Charitable Giving - Trusts & Foundations, Planning Issues for Business Owners, Retirement Plan Investment Advice, Tax Planning, Professional Athletes or Entertainers
Certifications
NAPFA Registered Financial Advisor, CFP®, ChFc, CIMA, CLU, CPA/PFS

David Polstra
Brightworth, LLC
(404) 760-9000
3280 Peachtree Road, NE, Suite 2075
Atlanta, GA
Expertises
Charitable Giving - Trusts & Foundations, Planning Concerns for Corporate Executives, Estate & Generational Planning Issues, Advising Medical Professionals, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, CFP®, CIMA, CPA/PFS

Lisa Brown
Brightworth, LLC
(404) 760-9000
3280 Peachtree Road, NE, Suite 2075
Atlanta, GA
Expertises
Estate & Generational Planning Issues, Women's Financial Planning Issues, High Net Worth Client Needs, Tax Planning, Ongoing Investment Management, Planning Concerns for Corporate Executives
Certifications
NAPFA Registered Financial Advisor, AEP, CFP®, CIMA

Warren Wick
Lesesne Capital Management
(404) 231-3414
3630 Peachtree Road NE, Suite 940
Atlanta, GA
Expertises
Ongoing Investment Management, Estate & Generational Planning Issues, Retirement Planning & Distribution Rules, High Net Worth Client Needs, Planning Concerns for Corporate Executives, Planning Issues for Business Owners
Certifications
NAPFA Registered Financial Advisor, BA, CFP®, CLU, CPA, MBA

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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