Home     Privacy & Security     Contact Us    
What do you want to know about manufactured housing?
Manufactured Housing Web Search
Home Search     Forum Search     Business Search    

Financing   Buy A Home Sell A Home Repair & Renovation Free Classifieds   Forums Books Insurance

Retirement Planning Services Bettendorf IA

See below to find local retirement planning services in Bettendorf 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.

Eric Kies
The Planning Center
(309) 797-4030
1701 River Drive
Moline, IL
Helping Clients Identify & Achieve Goals, Planning Concerns for Corporate Executives, Financial Issues Between Generations, Ongoing Investment Management, Estate & Generational Planning Issues, Charitable Giving - Trusts & Foundations
NAPFA Registered Financial Advisor, AIFA, CFP®, MBA

Mr. Douglas E. Beasley, CFP®
(563) 388-8800
3705 Utica Ridge Rd
Bettendorf, IA
Farm Bureau Financial Services

Data Provided by:
Mr. Roger R. Pearson, CFP®
(563) 359-5257
2435 Kimberly Rd Ste 300
Bettendorf, IA
SagePoint Financial, Inc.

Data Provided by:
Mr. Joseph M. Pheifer, CFP®
(563) 333-2530
3325 Utica Ridge Rd
Bettendorf, IA
Summit Financial Consultants I

Data Provided by:
Mr. Lee M. Lensch, CFP®
(563) 344-9535
5001 Utica Ridge Road
Davenport, IA
Ameriprise Financial Services, Inc
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Debt Management, Education Planning, Insurance Planning, Investment Management, Long-Term Care

Data Provided by:
Mr. Kenneth E. Lawson (RFC®), CHFC, CLU, LUTCF
(563) 359-1688
2435 Kimberly Rd Ste 300S
Bettendorf, IA
Client 1st Wealth Management, Inc.
Years of Experience: 44
Invoice, Estate Planning, Business Planning, Portfolio Management, Pension Planning, Retirement Planning, Medicaid Planning, Tax Planning, Employee Benefits, Stocks and Bonds, Mutual Funds, CD Banking, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Charitable Planning, Education Plan, Healthcare Accounts, Asset Protection, BuySell, Compensation Plans

Data Provided by:
Mrs. Andrea M Huebbe, CFP®
(563) 441-9903
1717 State St Ste 101
Bettendorf, IA
LPL Financial
Areas of Specialization
Asset Allocation, Education Planning, Estate Planning, General Financial Planning, Investment Management, Investment Planning, LGBT Individuals and Couples

Data Provided by:
Mr. David W. Elizondo, CFP®
(563) 359-8783
3475 Utica Ridge Rd
Bettendorf, IA
True Financial Partners

Data Provided by:
Mr. Brian C. Burke, CFP®
(563) 349-7735
2550 Middle Rd Ste 300
Bettendorf, IA
Guardian Life Insurance Company

Data Provided by:
Mr. Jason M. Folsom, CFP®
(563) 383-0850
5103 Utica Ridge Rd.
Davenport, IA
Principal Financial Group

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...

Click here to read the rest of the article from

© Copyright 2008 Express Network Solutions
Manufactured Housing Global Network

Page Cached @ Tuesday, 18th January, 2011 @ 02:00am

Served by checkov
@ 02:01:59