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  2. Mortgages for seniors: Getting a home loan in retirement - AOL

    www.aol.com/finance/mortgages-seniors-getting...

    Loan type. Minimum credit score. Conventional loans. 620. FHA loans. 580 with 3.5% down payment, 500 with 10% down payment. VA loans. No minimum requirement, but generally 620

  3. Younger homeowners more likely to have used retirement ... - AOL

    www.aol.com/finance/younger-homeowners-more...

    You can use your retirement savings for a home down payment. However, raiding your 401(k) or individual retirement account (IRA) comes with significant downsides.

  4. We're 61 and recently paid off our $350K mortgage, but we ...

    www.aol.com/finance/were-61-recently-paid-off...

    If you are in your 60s with too little retirement savings, you aren't alone. The median balance in defined contribution plans of those ages 55 to 67 is just $87,571, according to the Vanguard How ...

  5. Virginia Retirement System - Wikipedia

    en.wikipedia.org/wiki/Virginia_Retirement_System

    The Virginia Retirement System is an independent state agency that administers pension plans, retirement savings plans, and other benefits to public employees in the U.S. state of Virginia. [1] As of 2018, the agency ranks as the 14th largest public or private pension fund in the United States and is the 42nd largest retirement system in the world.

  6. Elks National Home - Wikipedia

    en.wikipedia.org/wiki/Elks_National_Home

    Elks National Home and Retirement Center is the name of a nonprofit organization with 501(c)(3) status that formerly owned the Elks National Home property. [7] The nonprofit organization has discontinued operations as of 2019, and its continuing source of revenue are the bequests of an ongoing trust, and the nonprofit organization intends to ...

  7. Empower (financial services) - Wikipedia

    en.wikipedia.org/wiki/Empower_(financial_services)

    Empower was created in 1891, when parent company Great-West Lifeco was founded as an insurance provider on the Canadian prairie. [1] After serving more than a century of expansion and a profound evolution of service offerings, the modern iteration of Empower was launched in 2014, when the retirement businesses of Great-West Life combined the record-keeping services of Great-West Financial ...

  8. How To Make Homeownership Work for Your Retirement Plan - AOL

    www.aol.com/finance/homeownership-retirement...

    An estate planning attorney can help you create a plan for transferring the ownership. You’ll also want to prioritize regular maintenance and upkeep so that you pass down your home in good ...

  9. 6 Reasons $1 Million Will Only Last You 17 Years in ... - AOL

    www.aol.com/6-reasons-1-million-only-130048957.html

    Virginia’s cost of living is higher than the national average, but that doesn’t mean you can’t edit your budget even within your retirement community. In fact, the total amount for annual ...