Reported about 1 month ago
Aging in place remains a preference for most older Americans, but the financial and emotional toll can be overwhelming. As highlighted by The Wall Street Journal, many families face significant challenges in caring for aging relatives, with costs for in-home care easily reaching $240,000 annually. With the growing senior population, this issue is expected to worsen, prompting discussions about potential solutions such as reverse mortgages. AARP has called for a national aging strategy to address these pressing needs.
Source: YAHOO