Logo of Vachon Law Firm
House and a Dollar Sign

Reevaluating Reverse Mortgages

Reverse mortgages have been around for quite some time. The loans are marketed toward seniors (62 or older) who own a home and are looking for extra money to pay off a mortgage or finance a home. According to the U.S. Department of Housing and Urban Development, homeowners who...
Senior Business Owner

Seniors Increasingly Becoming Successful Business Owners

Starting a new business can be pretty scary, especially if you’ve already built your brand in a totally different career field. For a lot of seniors, the standard 9 to 5 job isn’t as appealing as it once was. In fact, an AARP survey finds that 15 percent of workers between the...
Warning Sign

U.S. Consumers Are Short on Retirement Savings

Federal Reserve data shows that nearly half of American families have savings for retirement. For one, a slow recovery from a lagging economy certainly doesn’t help. However, statistics from the Bureau of Labor Statistics show that over 60 percent of working individuals...