Reverse mortgages backed by the Federal Housing Administration (FHA), otherwise known as home equity conversion mortgages (HECMs),...

Generally when you apply for a home loan, you often need to provide your W-2’s and tax returns. But what if you don’t have those?...

Last week we went over the provisions of the SECURE Act 2.0 that affected employers, both small and large. This week, we’ll dive into the...

On December 29, 2022, President Biden signed the Consolidated Appropriations Act, which is part of the larger bill, the Securing a Strong...

As you move closer to retirement age, you’ve likely been involved in discussions about retirement planning. These may involve chats about...

1. Dryer Vents If a washer and dryer are blocking the vents, chances are home inspectors are going to miss it. Some vents are so clogged,...

1. Update beneficiaries and passwords When there is a change in your family such as the loss of a family member, divorce, or birth of a...

Many people wonder what a financial advisor does and if it is worth it. In general, these professionals help you make decisions about...

For years you’ve been imagining all the things you’ll do in your retirement. Travel the world. Restore a classic car. Start a garden....

The three most important aspects to consider in retirement must be equally strong, support each other and work together to achieve...

Did you know that just one inch of water can cause $25,000 in damage, according to FEMA? Did you know that every single house in the...

Today more than ever, retirees are struggling to feel reassured about their retirement savings. In recent years, fixed indexed annuities...

If there is one rule more important than any other when it comes to legacy planning, it is this:

How’s your retirement distribution strategy? Could it use some help?

Is Medicare enrollment automatic?  Not always. If you are already age 65 or older, you are automatically enrolled in Medicare Part A and Par

At Penny Lane Financial, we can help you lay out a plan to minimize your tax liabilities during retirement.

Your expenses will likely decrease when you retire, so you may be able to live on less money than you currently do. Of course, your...