Reverse Mortgages: Looking for Trouble?

By Stephanie Miles, Caring.com senior editor

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ID:

10523

First Published:

14-Mar-2008

Last updated on

Monday March 03, 2008

Related Topics:

seniors , elderly , groceries , selling , family , bills , medication , finances , reverse mortgages , sleep , fears , insurance , loans , banking , stress , parents , investing , site , equity

1 Comment

1. Posted by SchaferLTC 4 months ago

   Here's another idea: fix America's LTC system before it's too late. Give Medicaid back to the poor, put Medicaid planners out of business, and unleash the potential of private financing alternatives like insurance and reverse mortgages. The moral: save, invest and insure all you can, especially for long-term care. Because LTC is what you'll need as Medicare pays less and less for fewer and fewer acute care services just to stay in front of the grim fiscal reaper.