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Mar 10, 20231 min read

The Reverse Mortgage- Continued

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

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Jan 27, 20232 min read

Bank Statement Mortgage Loans

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?...

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Jan 20, 20234 min read

SECURE Act 2.0: How it Affects Plan Participants and College Loans and Savings.

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...

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Jan 13, 20233 min read

SECURE Act 2.0: Summary of Key Tax and Retirement Provisions Affecting Employers

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

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Jan 6, 20233 min read

When is the Right Age To Retire?

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

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Dec 16, 20222 min read

4 Things Home Inspectors Miss On Inspection Day

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,...

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Dec 9, 20222 min read

5 Financial Tasks For Year’s End

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...

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Nov 18, 20223 min read

What Does a Financial Advisor Do?

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

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Nov 4, 20222 min read

Planning Ahead: Long-Term Care.

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....

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Oct 28, 20221 min read

A Well Balanced Retirement Strategy.

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

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Oct 21, 20223 min read

Do you need Flood Insurance?

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...

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Aug 12, 20222 min read

Should You Get A Fixed-Indexed Annuity?

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

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Jul 2, 20192 min read

Retirement Planning Drawbacks and How To Navigate Them

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

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Aug 8, 20181 min read

It Pays to get Expert Advice on your Retirement Distribution Strategy

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

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Jun 25, 20184 min read

Answers to Your Questions About Medicare

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

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Jan 30, 20183 min read

It Pays to Understand your Tax Liabilities during Retirement

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

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Aug 14, 20172 min read

Good News About the Cost of 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...

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