General World News

Reverse mortgages could be a long-term care option: Kiplinger

Among the numerous issues that retirement preparation can present to those near the end of their careers, long-term care (LTC) provides an increasingly common discussion point. One potential product that could assist in paying for LTC and its insurance could be a reverse mortgage, according to personal finance publication Kiplinger.

LTC is already an expensive prospect and is projected to become a more common necessity as the U.S. population grows older in the coming years. Insurers currently offer few affordable options for those in the details ⇒

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