A Reverse Mortgage Can Help Caregivers and Family Members

A study by the National Alliance for Caregiving and the AARP shows that nearly one third of the US population are caregivers, defined as providing unpaid care to an adult or a child with special needs.  On average these caregivers are providing care for 20 hours a week, which creates a great deal of stress.  Many caregivers had to pass up promotions, leave jobs, and cut back on time at work to provide care.  A surprising amount of caregivers (53%) reported loneliness and isolation by having to cut back on time with friends and family.

A reverse mortgage could not only help keep parents out of a nursing home and provide money for paid caregiving, but could also help prevent stress upon the child caregiver.

Use our new reverse mortgage calculator to see if a reverse mortgage is right for you.

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