If you're married, and in your late 60's or older, this post may contain some very helpful thoughts!
Every study I've seen says that - by a large majority - most of us want to stay in our own homes for as long as we can.
But, any Long Term Care Insurance provider has statistics that show that many of us will need either in-home care, or residential care at some time in our future.
It's expensive!
Valerie VanBooven who blogs at IdeaMarketers has written a well thought out article exploring the use of a reverse mortgage to fund a Long Term Care Insurance policy.
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My Standard Disclaimer: Neither First Financial Reverse Mortgages or myself sell any financial product other than reverse mortgages. Before making any purchase we strongly advise consultation with your family and appropriate advisors.
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