Category: long term care
Should you use a reverse mortgage to pay for long-term care?
August 4, 2022
The advantages and disadvantages of using your home equity as a stream of income to fund long-term care expenses for those that want to age-in-place.
Wall Street Journal: The New Math of Reverse Mortgages for Retirees
June 14, 2022
Reverse mortgages, maligned for years as loans of last resort for struggling seniors, have gotten a makeover.
Long term care insurance alternative
February 18, 2020
Client faced with daunting home care costs uses a HECM Line of Credit to provide access to funds down the road.
Does Medicare Pay For Long-Term Care? Don’t Make A Big Mistake!
January 28, 2020
The author addresses the a common mistake many seniors make: "Why do so many believe that Medicare pays for long-term care?"
These advisors help their clients tackle this unknown looming cost
November 11, 2019
The author highlights the impacts of long-term care expense and various financial advisors discuss alternative strategies to fund these expenses.
Reverse Mortgages: Convert Your Home into Income
June 25, 2019
A local Southwest Florida Certified Financial Planner explores some of the benefits of a FHA-insured reverse mortgage.
Understanding Why And How The HECM Line Of Credit Grows
January 16, 2019
Dr. Pfau provides an in-depth look at the financial impact of opening a HECM Line of Credit at age 62 versus waiting until funds are needed at a later date.