You aren’t alone if you are missing some retirement account assets. Sadly, many have forgotten old 401(k)s or other retirement plan assets. According to Capitalize, a company specializing in 401(k) rollovers, a shocking 20% of all 401(k) assets in the U.S. were in forgotten accounts at the end of 2021.…

As the housing market continues to ebb and flow, new construction homes have become the norm for at least one generation: Millennials. The 2023 Consumer Housing Trends Report (CHTR), released by Zillow, shows that Millennials are the most likely generation to opt for new builds over older homes. It showed…

Beneficiaries of trusts sometimes need to realize how much control they actually have over a trust. That is because they are unaware of a power sometimes found in trusts that gives the beneficiary the ability to remove and replace a trustee. Trustees are the legal owners of the trust. As…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The…

If you’re shopping for a Christmas tree — a real, live tree, that is — you should be prepared to pay more to spruce up your home this year. The median retail price paid for a Christmas tree across the country was $80 last year, according to the National Christmas…

It’s not uncommon for CMOs to start thinking about retiring in their early 50’s. I have several acquaintances who have chosen to take the early retirement path (before age 65) and pursue new and different non-career related opportunities. I find it fascinating how CMOs are tackling these life changes (see…

Mortgage rates ticked down again this week, continuing a series of declines since the end of October. The trend is beginning to spark signs of life in the stalled real estate market, but economists do not expect affordability to improve materially any time soon. Freddie Mac’s latest Primary Mortgage Market…

During that time we’ve seen about 20 homes, and put in two offers that didn’t work out for various reasons.  We’ve been approached by someone who is going to sell their home, but is not on the market yet. They want to sell to us directly as a home for…

If you’re already retired, you may think you’re finished with your retirement planning. Most likely, you’ve already made several critical decisions, such as when to retire, when to start Social Security benefits, how to deploy your retirement savings to generate cashflow to pay for your living expenses, and what your…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The…