Reverse Mortgages in West Michigan

Reverse Mortgage Funding for Long Term Care Insurance

Isn't it funny how difficult it sometimes is to admit certain truths to ourselves?

I have reams of statistics telling me of the probability that at some time in the future, either Judy or I will need some type of of care.

But, I really don't believe it!

Nope, that someone who will need care is "someone" else -  not me and not Judy!

If you're like me, and have ever thought "How am I going to pay for that care," you might be interested in this post over at the AgeNotes blog.

The article talks about funding Long Term Care Insurance with a reverse mortgage, and might be an idea starter whether you're a senior like me, or a caregiver.

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Now you know I'm going to give you my standard disclaimer, don't you?  Remember - when talking about any financial product, it's important to consult with a qualified adviser.  If you have questions about a reverse mortgage, you can reach me - toll free in Michigan - at 877-308-1489.
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What happens when there isn't enough money?

Recently, USA TODAY published an article on the some of the effects that rising prices have on retired folks living on a fixed income.
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A reverse mortgage can provide senior homeowners with monthly income in addition to Social Security benefits.  Give me a toll free call at 877-308-1489 to find out how.
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Here are a few interesting tidbits

I ran across this  the other day and found the information on how we seniors spend time on-line interesting.
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A reverse mortgage can provide the funds to make your retirement
even more interesting.  Call me toll free at 877-308-1489 for further
information.
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An Independent Life

Obviously written by a younger person, this post sums up one of the most important reasons we seniors are interested in learning more about reverse mortgages.

Read it here.

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A comfortable retirement. An independent life. Find out how a reverse mortgage can help you achieve both!

Reverse Senior Migration

The February 22nd USA TODAY featured a couple of articles on our migration patterns, how they seem to be changing, and possible implications of those changes.

Haya El Nassar, in a front page article, comments on the phenomenon of retirees returning from Florida and other retirement states as they age.

She cites experts on aging who say "they usually go back when their health weakens, they lose a spouse or their savings dry up. The main reason for moving: to be near family."

Sandy Markwood, the CEO of the National Association of Area Agencies on Aging is quoted as saying they "usually return to the place they come from, especially if their children live there."

El Nasser calls these folks "boomerang" seniors.

While there are  10.8 million people age 80 or over now, the Census Bureau projects that number  to 15.6 million by 2025.

Here's the kicker:   Says  Elise  Bolda , head of the Community Partnerships for  Older  Adults,  " Communities are just beginning to understand the demographic demands of longevity."

In a related story on Page 3 Tim Connelly of Home Instead Senior Care asks whether communities are ready for the increased pressure on senior services such as transportation, housing designed for senior needs and the like.

"I don't think so," he says.