Managing Your Finances

Explore how reverse mortgages can offer an option for improving the financial life of older adults. 

Learn about the types of reverse mortgages, features, and aspects to consider before obtaining a reverse mortgage.

This article provides an overview of the Federal Housing Administration's (FHA) Home Equity Conversion Mortgage (HECM) reverse mortgage program. Learn how the FHA'S reverse mortgage program works and become familiar with the program's borrower, financial and property requirements.

Making the decision to buy a variable deferred annuity can be difficult. Read this article to learn about issues to consider in purchasing a variable deferred annuity.

There are many fraudulent scams which are targeted at older adults. This tip sheet provides an outline of financial abuse indicators, and a list of various scams and frauds including ways to prevent scams from occurring.

This section of the Virginia State Bar's Senior Citizen Handbook provides information about reverse mortgages and Home Equity Conversion mortgages (HECM). The information provided includes some frequently asked questions and answers.

Choosing a financial planner can be difficult. Learn about what to look for in a financial planning professional.

Your home could help finance part of your retirement. The FHA insured reverse mortgage program from HUD is available to homeowners 62 and older. Learn more about how this program works.