With interest rates on pause this August, savers can make strategic moves with long-term CDs to maximize returns. Here are three effective actions to consider, including depositing as much as possible, shopping for the best rates, and re-evaluating where your money is being held.

With inflation showing signs of a rebound, the Federal Reserve has been cautious about lowering interest rates. This has raised questions about how CD rates may change in August. Experts predict that CD rates may remain stable, but potential rate cuts could lead to a decline. This article explores the current state of CD rates and offers advice for savers.

Understanding the 95% rule on reverse mortgages can help seniors and their families navigate the complexities of these loans. This rule ensures that heirs are not burdened with paying more than the home is worth, even if the loan balance has grown significantly.

Discover how much a 70-year-old can borrow with a reverse mortgage in 2025, including updated FHA lending limits, interest rates, and strategies to maximize your loan.

Learn about the 60% reverse mortgage rule, how it limits access to funds for seniors, and how it impacts financial planning. Understand the exceptions and considerations for those seeking a reverse mortgage today.

Before purchasing an annuity this August, understand these five key rules that can help secure your financial future. From the 1% fee rule to the 4% rule, learn how to make smart decisions for your retirement.

Annuities can be a valuable tool for retirement planning, but they're not right for everyone. This guide helps you determine whether now is the right time to buy an annuity based on your financial situation and goals.

As the summer of 2025 unfolds, retirees and those nearing retirement face a crucial decision: should they invest in a fixed annuity or a variable annuity? This article explores the pros and cons of each option in today's economic climate.