Senior safety is a top priority. Falls are common among people 65 and older. About 36 million falls are reported annually among older adults. Three million fall-related injuries are treated in an emergency department each year. To help reduce this exposure, one must look at a person’s living situation, especially for those that age in […]

Most seniors want to age in place, allowing them to retain high control in a familiar environment. Plus, some older adults value remaining close to their possessions. When you think about it, people spend decades acquiring various objects; some hold sentimental value, so departing with them is difficult. Aging in place allows them happiness with […]

Reverse Mortgages are not for everyone. Most people interested in a reverse mortgage and qualify are susceptible to scams. Applicants must be 62 or older, and most have little savings or investments, which is ideal for predators. In addition, scammers pose as trusted individuals. Each scam is unique since con artists tend to tailor their […]

Reverse Mortgages are when a property owner 62 or older borrows against their home’s equity to bring cash or a line of credit from a lender. Unlike a traditional mortgage, they only need to repay once the last surviving homeowner moves out of the residence or dies. Interest and fees associated with the loan get […]

I am sure you have seen the commercials for reverse mortgages and wondered, what are they? A reverse mortgage is a loan for senior homeowners that allows borrowers to access a portion of their home’s equity and use the home as collateral. Repayment is triggered once the last surviving homeowner permanently moves out of the […]

Paying for caregivers for a loved one because they develop health or mobility issues is expensive. Seventy-seven percent of adults 50 or older prefer to stay home as they age. The problem is that staying home with a caregiver may not be financially feasible, and moving to a facility is expensive too. The caregiver’s cost […]