“Having as many resources as possible to cover long-term care needs is an important part of a holistic financial plan. A reverse mortgage line of credit can ensure you’ll have funds readily available at the time of need.”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
Yeah, RMs are the salvation for private LTC financing, but only when Medicaid stops exempting up to $828,000 worth of home equity. When that happens—notice I say when, not if—people will start using RMs to pay for LTC at which point the world will wake up to a better idea—plan early to save, invest or insure for long-term care.
Reverse Mortgage Line of Credit Could Fund Long-Term Care
#goldencareagent