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March 27, 2014 by JD

Seniors Underestimate the Cost of Long-term Care

from ReverseReview.com | March 27, 2014


A survey of affluent baby boomers revealed that on average, participants expect the cost of long-term care to reach about $36,220 per year. This estimate is way off base, as the cost of nursing home care alone is expected to reach $265,000 per year in 2030.
To read more visit ReverseReview.com, or visit The Mortgage Doctor by clicking here.

Filed Under: Blog, Colorado Reverse Mortgages, Long-term Care Tagged With: Colorado reverse mortgage, Provident Lending, The Mortgage Doctor of Colorado Springs, The Reverse Mortgage Institute

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The Reverse Mortgage Institute is run by Steve Haney of Provident Lending, known in the front range as The Mortgage Doctor, from his popular radio show.

The purpose of The Reverse Mortgage Institute is to bring information about the new reverse mortgage to seniors, to give them a choice about how they live their retirement.

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Provident Lending Corp's NMLS #: 229099
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