Create a Financial Plan
Paying for Long-Term Care – Reverse Mortgage
The second way to use your own assets to pay for care is to take out a reverse mortgage. Available to you after the age of 62, a reverse mortgage allows you to trade equity in your home for cash. This video explains the basics of this powerful yet often misunderstood financial tool.
In this academy
Financial Dashboard
Selecting a Financial Planner
Long-Term Care Costs Overview
Paying for Long-Term Care – Private Pay
Paying for Long-Term Care – Hiring Caregivers Directly
Paying for Long-Term Care – Reverse Mortgage
Paying for Long-Term Care – Long-Term Care Insurance
Paying for Long-Term Care – Public Assistance (Medicaid)
Paying for Long-Term Care – Public Assistance (VA)
Paying for Long-Term Care – Tax Considerations
Minimize Financial Burdens – Introduction
Minimize Financial Burdens – Assemble Your Resource Team
Create a Financial Plan – Wrap Up