Catastrophic illness, high cost of health insurance
The state of our health care system and soaring costs of quality health care and prescription drugs can force seniors to make some hard choices. Paying hospital or medical bills for many older Americans and retirees become a daunting burden and tremendous demand on a fixed income. Expensive and ongoing medical treatments, prescription maintenance drug regimens, or an unexpected large one-time medical bill are all good reasons that home owners get reverse mortgages .
Senior Couple Reviewing Remodeling Plans
Home improvements the early stages of retirement is a great time to evaluate your house to accommodate your potential needs you may require in ten, twenty, thirty years and on. As we age, a top reason people get reverse mortgages is to outfit their house.