June 2022
Hello,
This month, our newsletter explores the following topics:
- What are FHA 203(k) renovation mortgages?
- Strategies to pay off credit card debt
- Why save for retirement in a Roth IRA
- How inflation erodes your long-term savings
- Are adjustable-rate mortgages right for you?
- Social Security timing can have huge spousal implications
While summer is a good time to relax, it’s also a good time to assess. If we can help you with your finances, please contact us.
Sincerely,
David and Jonathan Mosenson
President and Vice President
An FHA 203(k) Loan Is A Fixer-Upper Mortgage That
Can Provide An Affordable Route Into A Competitive
Market
Finding an affordable, move-in-ready home in a competitive market can be a big
challenge. One way to solve this problem is to find a fixer-upper house in the
place you want to live and finance it with an FHA 203(k) loan. Read More >
Here Are Some Strategies To Pay Off Credit Card
Debt Before Interest Rates Rise Again
Interest rates are set to rise again, making it a good time to pay off high-cost
credit card debt as soon as possible. Read More >
10 Reasons To Save For Retirement In A Roth IRA
Roth IRAs give you a tax-free source of retirement income. But there are many
more reasons to save in one. Read More >
Here’s A Simple Way To See How Inflation Erodes
Your Long-Term Savings
Just how quickly is inflation eating away at your savings? The so-called rule of 72
can help gauge its long-term impact. Read More >
Adjustable-Rate Mortgages Are Gaining In
Popularity. Here’s How To Know If One Is Right For
You
Adjustable-rate mortgages are making a comeback. With interest rates surging,
more buyers are turning to ARMs, which offer lower initial rates than fixed-rate
loans. However, after a certain period, the rate on the ARM adjusts to reflect
current market conditions. Is an ARM right for you? Read More >
When You Claim Social Security Can Have Huge
Implications For Your Spouse
When you’re gone, your spouse’s income will take a major hit – one that can be
worsened significantly if you make the wrong decision about when to claim. Read More >
Registered Representative of and securities and investment advisory services offered through Hornor, Townsend & Kent, LLC. (HTK). Registered Investment Advisor. Member FINRA/SIPC. J&G Associates is unaffiliated with HTK. 2 Park Avenue, Suite 300, New York, New York 10016. (212) 697-1355. For educational purposes only. This should not be considered specific financial, legal or tax advice. Always consult a qualified professional for specific information regarding your situation. 4773385RLB_June24