This is a nice short video (click here to see video) that I stumbled across that I found to be very informative for those 65 and above with Medicare. Check your Medicare formulary against your current needs. You may have the opportunity to shop and find a better fit for your needs, and your doctors intentions, regarding your care. As with many types of insurance, I find that my clients simply pay the premium and never really check the coverage. When it comes to your personal health this could be a nice opportunity that will save you some money and certainly buy you some...
October 25th, 2017 | Medicare , Reverse Mortgage, Seniors, When It Pays To Shop Your Medicare Coverage
Funding care is an important topic. A great way to address the care related issues of aging while allowing seniors to maintain their privacy and independence is to consider the addition of a Reverse Mortgage. Paying off forward mortgages, home equity lines, and high cost credit cards frees up money each month for living expenses and care. The importance of discussions with family should revolve around a plan for care and managing assets and income for such needs. It is not wise to avoid the subject only to circle back to this issue after a crisis has developed.&nb...
December 13th, 2016 | Reverse Mortgage, Retirement Planning, home equity access, Home Care, HECM Reverse Mortgage, Seniors, Long Term Care, Medicare , supplemental retirement income, Age in Place, The retirement issue that no one is talking about
We are all worried about the fiscal cliff and the idiots in congress on both sides of the isle that we pay and that continue to fail us on material issues. When I use the word idiots I mean it in the most literal way a human being can use it to describe failure and incompetence. I am so tired of false promises, negativity and more debt from Congress and the President. I know anyone reading this message also shares my concern. This is our country and we are the people. We all have to ask the question where does this go and how do we fix critical programs that must be...
December 1st, 2012 | Reverse Mortgage, Fiscal Cliff, Retirement Planning, Medicare , The Fiscal Cliff, Social Security, Medicare and the Plight of the American Senior Citizen.