Items Tagged with 'Aging'


  • Reverse Mortgages and Long-Term Care

    Acknowledging that reverse mortgages are increasing becoming a subject for discussions when families are struggling to deal with long-term care expenses, elder law attorney, Janet Colliton warns that reverse mortgages are not the best option, especially when nursing home care is considered.  Writing as a guest columnist in the Daily Local News, serving Chester County, PA, Colliton points to the due and payable provisions in reverse mortgages should a borrower permanently leave a home to reside in a nursing home.  However, she does not that "a more appropriate use for reverse mortgages" is for cases where a senior is intent
    Read More
  • Boomer Women Focus More on Finances than Health

    A new survey of baby boomer women found that the majority of them aged 45 and over list financing their long-term retirement as their primary focus in planning for the future. The AARP-Harris Interactive Survey found that these women placed their personal finances as more important than their health in planning for the future.  Only one out of seven women who are already retired are confident that they will have enough money to fund their retirement years.  However, the results also found that as women age staying healthy becomes more important in the planning for a secure future. The
    Read More