Skip Frenzel's (agapeltc) Blog

Education & Training - Agape Long Term Care/Agape Real Estate - 590513
Well here we go again, another scam.  This one done by a Michigan broker targeting seniors to refinance their homes and use the proceeds to buy worthless securities.  Another Ponzi Scheme.  This is sad because seniors do not have any protection from overseers when approached by scam artists like ...
Mortgage Fraud: A Classic Crime's Latest Twists
I'm going to leave my comfort zone and both review and recommend a movie that I just watched.  It has been out since Jan 2008, but under the radar.  It is called "The Savages" staring Laura Linney and Philip Seymour Hoffman.  The title is deceptive.  It isn't a war story, not a cops and robbers, ...
New York Times article from 7/17/09 addressing the ability to age in place and considerations to do so.  
RETIREMENT EXPENSES: TOO MUCH FOR SOME RETIREES 23% of Americans 55 and over filed for bankruptcy in 2007-AARP 28% of Americans 50 or older are delinquent on their 1st mortgage, are in foreclosure, or have already lost their homes.-AARP 60% of retirees are looking for full-time work.-Retirementjo...
Recommended reading for adult children taking care of their parents.  
Laws Take On Financial Scams Against Seniors  
12...Percentage of large companies that have cut the employer match to their defined-contribution plans.  An additional 12% plan to cut the match in the coming year (Wall Street Journal) 20...Percentage of U.S. employees who have reduced their defined-contribution plan deferral amount.  Another 5...
This time next month, long-term care residents should pay particularly close attention to their mail. That is because most are set to receive a one-time payment of $250 as part of the American Recovery and Reinvestment Act, also known as the stimulus package. Nearly everyone who receives Social S...
This article might be good to give to your Senior clients who are considering a reverst mortgage.  

Skip Frenzel

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