Update on COVID-19

Finance of America Reverse LLC (“FAR”) understands you may be facing unique hardships during this difficult time. Many borrowers who are currently experiencing financial distress related to COVID-19 may be eligible for some type of assistance. Please contact us for information regarding options that may be available to you. If you are impacted by COVID-19, please call 866-654-0020 and have your loan number ready for the Customer Service representative.

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Dropping the Ball
For a long time, every New Year, I made a Resolution, and every year I've broken it, or them.   Who wants to promise to lose weight, stop smoking, or whatever it might be you would like to change in your life. Watching the big crystal ball drop on the...
What is a Hobby?
I've done a little research, and the conclusion is, a Hobby is something you do and enjoy but do not require compensation.   The only reason I had any interest is that I was asked if I had any hobbies other than writing. I surmised that the list could include...
Impact of reverse mortgages on retirement planning
With the challenges of saving for retirement growing, some elderly end up being house rich and cash poor, with more equity locked up in their homes than available in liquid assets. Finance of America Vice President of Retirement Strategies Steve Resch joins the On the Move panel with Yahoo Finance...
Seismic Shift in the Retirement Landscape
Steve Resch, Vice President of Retirement Strategies at FAR, recently gave an interview on NasDaq Trade Talks with Jill Malandrino describing changes in retirement planning. Steve explains that there is a seismic shift in the retirement landscape driven by the baby boomer demographics. Ten thousand per day become age-eligible for...
Wandering Minds
The population of the United States is aging, which means that people are living longer. This also means that seniors are forming a significant bloc with significant implications in terms of influencing politics, the economy, and culture. “Old age” now extends many years. Living longer and healthier, the older population...
Flipping Mindsets (part 2)
The purpose of my paper was threefold.  First, the context: crystallized intelligence, fluid intelligence, plus existing mindsets and the concept of “yet” as a way to flip mindsets. In summary, crystallized intelligence is the summed-up knowledge, skills, and experience a person develops during their life.  Fluid intelligence is the capacity...