Friday, January 30, 2009

The Senior Brain: Use It or Lose It!

I received the following email from Wings Of Success publishers.
I found it enlighting and thought provoking. I thought you might
also enjoy the information.

Wings Of Success publishers offers several good books for
the over 50 crowd. You will find them listed on the side panel
to the right.

Your brain is one of the most important things for you to take into
consideration in any health regimen. For the Baby Boomer, it is
even more vitally important to care for your brain.

Today, the number of Alzheimer's patients is quickly on the rise.
There are numerous situations in which people are forced to realize
that the years are slipping by and they no longer can keep a grasp
on time.

There are a number of things you can do, actually, each of them
offering their own benefit. Here are some.

Learning is one of the very best things you can do to your brain.
As you age, many stop doing new things and looking for new areas of
the world to explore. That is what starts the shut down of the
brain. Because you aren't using it as much, especially for new
things, you aren't making it function as much as it needs to.

When you keep your brain functioning, you encourage it to continue
to be active. On the other hand, if you don't, you lose the
necessary functions that you need.

Some ideas here include taking a new class, learning to do
something that you enjoy such as a new hobby, and even learning
history. You can take courses at your local community college or
start a discussion group about the books that you are reading.
Learn to plan a new instrument. Learn to cook like a professional.

Keeping your brain active is very important to your overall well
being. Without taking in these considerations, you put your brain
at risk for becoming ill and functioning less optimally. As you
can see, though, this is one of the most prosperous and easy parts
of the Baby Boomer's lifestyle that can be changed for the better!

Don't forget to review the books in the side panel.

Friday, January 16, 2009

Answers For Seniors...

The Reverse Mortgage Association:

The National Reverse Mortgage Lenders Association was established in 1997 to provide a variety for services for both those wishing to take advantage of reverse mortgages on their homes and lenders wishing to finance reverse mortgages.

The Reverse Mortgage Association has an educational program to aid senior citizens who have decided to take out a reverse mortgage as a way to remain financially independent The Reverse Mortgage Association has also established a Code of Conduct to which it expects reverse mortgage lenders to adhere in their dealings with senior citizens; it also has a training program in which reverse mortgage lenders are encouraged to participate.

How Reverse Mortgages Work

The Reverse Mortgage Association oversees a program in which homeowners sixty-two and older can turn a percentage of their home equity into non-taxable income while still retaining title to their homes. They are freed of the burden of a monthly mortgage payment, which they would otherwise have to accept by taking out a traditional home equity loan. The Reverse Mortgage Association oversees the activities of lenders who make the reverse mortgage payments to the senior homeowners.

A reverse mortgage does not have to be paid back until the home is no longer the borrowers’ principal residence, the borrowers pass way, the home is sold, or the borrowers leave it for good. And it the home is sold for an amount greater than the outstanding balance on the reverse mortgage, the borrowers, or their estates, can keep the difference. For more info see http://www.i-reversemortgages.com/Reverse_Mortgage_Information/ on Reverse Mortgage Information.

The Future Of Reverse Mortgages

With the Baby Boomer generation now entering their 60’s, the number of reverse mortgage loans is expected to increase dramatically. Because of that, it is more important than ever those senior citizens can trust the integrity of their lenders. The Reverse Mortgage Association has the job of verifying the quality and professionalism of reverse mortgage lenders and assuring that they will be an asset to the communities in which they do business.

The Reverse Mortgage Association holds a series of annual conferences for its member lenders, so that they can remain educated in the latest reverse mortgage issues, products, and borrower concerns.

For seniors who have been caught in the trap of dwindling IRA values, disappearing pensions, and rising health insurance costs, the idea of trying to survive in retirement on Social Security and little else may be devastating. A reverse home mortgage, from a lender who honors the Code of Conduct established by the Reverse Home Mortgage Association, could give them the secure retirement for which they are longing.