California Reverse Mortgage News

Aging Tsunami Ready To Hit. Here's An Option On How To Help Seniors Age In Place

October 26th, 2015 10:25 AM by Kevin Walton

I read an eye opening article recently that said we are going to double the amount of people 65 years of age and triple the amount of people living to 85 in the next 30 years. WOW!I
It's estimated that up to  70% of these people will eventually be in need of some sort of long term care and services and property modifications.

But more important than that is the issue with having to provide seniors with a way to age in place, in their existing home where they are at peace and can retain independence which can add years to their lifespan.

The key is making their home safe and at the same time have functionality for their needs.
Lower cabinets and bathroom fixtures and smart security technologies in the home can reduce the instance of in home injuries.

These changes cost money as well as any in home part time or full time care that is needed and that the Reverse Mortgage can free locked up equity which can help pay for the property modifications and care.

To read more on this article click here.

Best,
Kevin Walton
Best Capital Funding
Cell: 800-506-0632 ext. 0
Posted in:Reverse Mortgage and tagged: Reverse Mortgages
Posted by Kevin Walton on October 26th, 2015 10:25 AM