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Aging Tsunami Ready To Hit. Here's An Option On How To Help Seniors Age In Place
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
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Archives:
September 2015
Financial Planners Starting To Recommend Reverse Mortgages
Baby Boomers And Their Retirement Mortgage Payment Woes, Can Reverse Mortgages Help Them?
A HECM Reverse Mortgage Line of Credit Is Better Than A HELOC
A California Reverse Mortgage Can Serve As A Safety Net Against Market Swings.
September 2015 (4)
Categories:
AARP (1)
Baby Boomers (1)
Baby Boomers and Reverse Mortgages, Growth Rate (1)
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Reverse Mortgage Line of Credit Benefits (1)
reverse mortgage tax deduction (1)
Senior Divorce (1)
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