Are you a high income earner?
Do you live in a fault zone?
Do you live in a flood zone?
Does your home have a basement?
Do you own expensive jewelry or family heirlooms?
Do you employ people in your home?
If you answered yes to any of these questions, now may be the time to double check your insurance coverage to make sure you are sufficiently protected. You can read the full article in the link below, courtesy of The Wall Street Journal.
If you’re not sure who to call, contact NO MORE Mortgage and we will review your insurance needs with you to make sure you have the coverage you need.
Homeowner\’s Insurance: Do You Have Enough?
Filed under Financial Tools, Investments, News, No More Mortgage, Retirement, nmm-blog, tips by on Sep 13th, 2010. Comment. 
While 18 states and Washington DC recently reported no change to unemployment rates from June 2010 to July 2010, 28 states all reported lower unemployment now than they did 12 months ago. Which state currently has the lowest unemployment rate in the US? North Dakota, at 3.6%.
How is your state now compared to last year?
Filed under News, No More Mortgage, Retirement by on Sep 13th, 2010. Comment.
MSN Money recently posted an interesting article about retirement in America, the link is below. The premise is that there are six reasons why we are having to delay retirement:
1. The stock market has tanked
2. Employers are cutting back on retirement benefits for employees
3. People just haven’t saved enough money
4. Social Security money is running out and benefits are decreasing
5. People delay retirement until Medicare benefits kick in at age 65
6. People enjoy working
Filed under Investments, News, No More Mortgage, Retirement by on Aug 24th, 2010. Comment.
If you’re a NO MORE Mortgage client, you should be going into retirement debt free. And you should have significantly added to your retirement account growth. Unfortunately, many others will retire with a mortgage and most likely credit card debt too. And many of them will have to continue to work in what should be [...]
Filed under Retirement by on Feb 7th, 2010. Comment.
What is your plan for your debt? Have you really made one yet? Most people put this off because they don’t want to face the unknown. It’s easier to keep tooling along blissfully ignorant of how much money you owe or where you are on building your retirement. But it’s going to catch up with you,
Filed under Financial Tools, No More Mortgage, Retirement, debt elimination, nmm-blog by on Dec 11th, 2009. Comment.
If you’re like most people, you think of the balances on your statements for your mortgage, credit cards, and other debts as what you owe.
Well, yes it is and no it isn’t. Yes, at one moment in time a statement can show what you owe if you were to pay it off completely. And no it isn’t when you factor in interest payments over time.
Filed under Financial Tools, News, Retirement, nmm-blog by on Nov 29th, 2009. Comment.
We’re continuing the series of articles about five points you should know about Social Security and Retirement if you’re 50 or over.
QUESTION 4: Will I lose benefits if I work? It’s true that if you collect early and work at the same time, your payments may be reduced (once you reach full retirement age, feel [...]
Filed under Retirement by on Oct 22nd, 2009. Comment.
In a previous article, we began Part I of a discussion on Social Security and Retirement. Let’s continue with more questions and answers:
QUESTION 2: How much will I get every month? Like all things Social Security, there’s a complex formula involved. But essentially, the amount you’ll get at your full retirement age is based [...]
Filed under Retirement by on Oct 19th, 2009. Comment.
Everyone 50 and over should know these principles by heart.
(Money Magazine) – You’ve probably spent a lot of time sweating over your 401(k) and IRA. But have you given much thought to the way Social Security will fit into your retirement plans? You should. In fact, Social Security provides 50% of the income for more [...]
Filed under Retirement by on Oct 15th, 2009. Comment.
NO MORE Mortgage looks at retirement
The point of this article is that in the USA, the “retirement safety net†is Social Security, which only covers about 45% of the retirement needs of the average retiree. The article does not even bring up the potential of the Social Security system to go broke in about [...]
Filed under Retirement by on Sep 3rd, 2009. Comment.
