Simply Seniors People Over 50

Relationships

Relationships

We may like to think of ourselves as independent. Yet, it's no fun being an island. Relationships with others are hardly optional. Only when we raise ourselves out of isolation and come out of our shells do we tend to thrive. What about the many questions that go along with relationships? We would like to ask and try our hand at answering a few. Whether it's staying connected with friends and family or finding someone special, let's have a dialogue about how we should interact with others.


Senior Friend Finders

Cultivating companionship can be elusive.

Companionship is a staple of the very social environment most of us operate within. Events are more stimulating when shared, joys more profound and grief lessened, when their moments are doubled or halved through sharing. Seeking senior friends can be a life lesson with no manual or guidebook.

There are times in our lives, when it seems that no matter what actions we take to cultivate companionship—attending church functions, volunteering, part time jobs, clubs, sports activities, etc.—it somehow eludes us. Some of us live in rural areas where opportunities for social involvement are limited, but oftentimes those of us in metro areas are nearly as restricted, as neighborhood boundaries disappear and the community 'feel' dissipates as businesses close, new housing is developed and the social structure once in place, is changed.

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Reverse Mortgages

Why is this Home Mortgage so Popular with Seniors?

Reverse Mortgage

Requirements:

  • Own a home
  • Be 62 years of age
  • have enough equity

You may have heard the phrase, "reverse mortgage," used at some time by friends, family, former co-workers or your financial advisors. Seemingly straightforward, the phrase denotes a unique type of homeowner's loan that has become increasingly popular among seniors. So popular, in fact, that the National Reverse Mortgage Lenders Association (NRMLA) reported a growth of 77% in reverse mortgage loans for 2006.

Simply put, a reverse mortgage is a loan that allows homeowners, 62 or older, to borrow against the equity in their home—without having to take on new monthly mortgage payments, give up title to, or sell their homes.

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