BullionVault Provides Baby Boomers A Way To Deal With Rising Loan Balance
Baby Boomers find their retirement threatened by increasing home loan balances. Traderushreview.us.com helps them deal with this problem by investing and trading in gold.
According to the AARP’s Lori Trawinski, a director of the organization’s Public Policy Institute, a 2012 study found that from 2007 to 2011, some 1.5 Americans aged 50 and up lost their homes “and the numbers are probably higher now.”
Traderushreview.us.com provides the solution to the problem of rising loan balances that threatens the retirement savings of Baby Boomers. Based on figures from the Office for Older Americans of the Consumer Financial Protection Bureau, the percentage of homeowners aged 65 and up still paying a mortgage grew to 30 percent in 2013 from 22 percent in 2001. Over the same period, the median mortgage also increased, from $43,400 in 2001 to $88,000 in 2013.
These increasing mortgage balances have caused hundreds of thousands of older Americans to have their homes foreclosed. According to the AARP’s Lori Trawinski, a director of the organization’s Public Policy Institute, a 2012 study found that from 2007 to 2011, some 1.5 Americans aged 50 and up lost their homes “and the numbers are probably higher now”.
Baby Boomers who want to preserve the value of their savings can benefit from the lowest costs for buying, selling and storing gold and silver by availing of the Regular Gold Investment Plan. Investing in gold helps assure that Boomers’ retirement savings will not be hurt by inflation since the metal holds its value over time. According to the World Gold Council, “the relative price of gold has remained constant over the past 50 years”.
According to the Co-founder of Traderushreview.us.com, gold investing is perfect for retirees and baby boomers who want to get out of debt by providing an easy way to trade gold online.
Traderushreview.us.com is fast-growing, dynamic and innovative investment blog that empowers investors to make the right investment decision. It provides its clients with a safe and cost-effective way to trade in gold and silver. It also provides investors flexibility by allowing them to easily liquidate their investments. For more information about this topic visit http://traderushreview.us.com/bullion-vault
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