Kurt Jackson's (kurtjackson) Blog

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Mortgage and Lending - KJ Financial
RECENT BLOG POSTS
Do you have a clearly defined plan to handle any potential Long Term Care needs you may have?  Have you been taking advice regarding long term care from your friends, neighbors, family, or financially based TV or radio shows?  Well doing nothing about it is very irresponsible of you, maybe even c...
07/22/2008
The great unknown for all of us will we need to be cared for in our later years?  A Gallup poll said 76% of Americans believe they will never need nursing home care, assisted living or any other long term care service. Unfortunately, the reality of the situation paints a much different picture. L...
07/21/2008
One of the biggest concerns of seniors in Kansas City is having an emergency fund that they could easily tap if needed.  Many feel it would give them additional security and more importantly peace of mind so they can sleep better at night. What if there was a way to have an emergency fund or nest...
07/17/2008
One survey said 80% of seniors want to stay in their home for the rest of their life.  Really, only 80%, I would have thought it would be 100%.  Is staying in your home for the rest of your life important to you? If it is then continue reading. Staying in your home for life is much tougher to do ...
07/16/2008
The stock market is in Bear territory and the cost of just about everything is up. Are you like millions of seniors that are finding themselves dipping into their savings more than they planned to at the worst possible time- when their accounts are taking a beating? What is it doing to your retir...
07/15/2008
Even though so many seniors in Kansas City struggled their working years trying to pay off their homes, many failed to accomplish that goal.  To compound the problem these same folks didn't have a clearly defined savings plan for their retirement years. So now they are in their "Golden Years" and...
07/14/2008
Ever since the Great Depression the goal of just about every homeowner was to pay off their house as fast as possible. It was thought to be a sign of success because it kept the house safe from foreclosure, having no payment is really the only way to live in retirement and the goal of leaving som...
07/10/2008
Another option given by the media and other financial advisors to the question of how can seniors in Kansas City make ends meet in retirement is to sell their house and rent something smaller. Assuming you have an $180,000 house if sold would net 90% after selling costs and seller concessions tha...
07/09/2008
There are many options to consider when seniors in Kansas City are trying to make ends meet in retirement. Selling and buying something cheaper is one of the options that many including The Financial Industry Regulatory Authority (FINRA) tells you to consider.  Let's see if this is a "good" optio...
07/08/2008
Advertisers attempt to make you think they are all that and then some while the media and some financial advisors make them sound like they are a horrible way to go.  Let's see if we can help you decide for yourself. Reverse mortgages are for homeowners 62 years or older that either have their ho...
07/06/2008
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