Tools for financial security in later life
Use these resources to help older adults and their caregivers navigate some of the important decisions that can affect later-life financial security.
Planning for later-life financial security
| Title | Action |
|---|---|
Leaving your home to children or heirs |
Read the guide |
Making housing decisions after losing a spouse or partner |
Read the guide |
Making housing decisions when your health changes |
Read the guide |
Using home equity to meet financial needs |
Read the guide |
Planning for Retirement: Before you claim |
|
Planning for diminished capacity and illness |
|
Planning for Peace of Mind: Social Security Advance Designation |
|
Five things to consider before you collect your Social Security benefits |
|
Know your financial adviser |
|
Pension payouts |
|
Managing Someone Else’s Money |
Understanding reverse mortgages
| Title | Action |
|---|---|
What is a reverse mortgage? |
|
Reverse Mortgage Rights & Responsibilities guide |
|
Considering a reverse mortgage? |
|
Reverse mortgages: A discussion guide |
|
Reverse mortgage borrowers guide to natural disasters |
|
What should I discuss with my housing counselor if I’m thinking about getting a reverse mortgage? |
|
Understanding the costs and risks of using a reverse mortgage to delay collecting Social Security |
Managing debt
| Title | Action |
|---|---|
Caregivers and nursing home debt |
|
When a loved one dies and debt collectors come calling |
|
How to manage health care credit cards with deferred interest rates |
|
Explanation of Social Security and VA benefit protections from automatic garnishment |
|
What to do if you are wrongfully billed for Medicare costs |