Similar Stories to Should You Use A Reverse Mortgage To Pay For Long-term Care? on Bing News

Kate Ashford, NerdWallet.com
Tue, 06/07/2022 - 4:00am

Someone turning 65 has nearly a 7-in-10 chance of needing long-term care in the future, according to the Department of Health and Human Services, and many don’t have the savings to manage the cost of assisted living. But they may have a mortgage-free home — and the equity in it, giving them the potential option... Kate Ashford writes for NerdWallet.

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Topics:  personal finance   
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