SmartReads

Millions of older Americans are targeted by financial scams each year. One analysis published by the U.S. Department of the Treasury found $27 billion in suspected elder financial exploitation in just a 12-month period. As digital banking, payments and communication become more common, scammers have more ways to reach victims and impersonate trusted institutions. Phishing… read more…

Can I retire at 62 ½? I have a pension that will be $1,300 a month. I will have $100,000 in cash and I have an annuity that’s currently worth $711,000. I’m currently 60. – James What you’re asking doesn’t sound unreasonable, but as always, it depends on your individual situation and what your specific… read more…

The dream of building wealth through real estate often collides with the harsh reality of a down payment. Investment property loans typically require 20-25% down payments, excellent credit and substantial cash reserves that put them out of reach for many aspiring investors. An FHA loan, with its appealing 3.5% down payment, may be one way… read more…

Buying an investment property can be a powerful way to build wealth, but the upfront costs can catch first-time investors off guard. Down payment requirements are typically higher than for a primary home, and they’re just one piece of a larger financial puzzle, including loan qualifications and ongoing expenses. In order to make smarter real… read more…