Yahoo Finance: Reverse Mortgages as Alternative to Long-Term Care Insurance

When attempting to anticipate long-term care needs, the process can be intimidating because of the cost involved. That cost may naturally lead a senior to look for alternative sources of funding for specific long-term care (LTC) needs, and a reverse mortgage may be one such alternative for seniors in a specific situation. This is according […]

Survey: Women Often Carry the Burden of Caring for Aging Parents

Women primarily carry the burden for serving as primary caregivers for their aging parents, which has notable implications on their own future financial and retirement goals. This is according to a study conducted by the Nationwide Retirement Institute, and highlighted recently by Yahoo Finance. According to the results of the study, nearly two-thirds of caregivers […]

Yahoo Finance: Answer These 5 Questions Before Getting a Reverse Mortgage

Characterizing reverse mortgages as “misunderstood,” a new article that aims to answer five key questions for potential borrowers before making a decision about engaging in a reverse mortgage transaction has been published by Yahoo Finance, and authored by personal finance publication MoneyWise. “You keep title to your home. The bank collects on the loan when […]