Aging In Place

	Aging In Place With the specific purpose of helping senior homeowners stay in their homes, we offer a free guide “Resources to Help Homeowners Age in Place.” To request your free copy, call us at 1.800.745.0102 or email your request to information@reversemort.com. To help you live safely and independently in your own home the “Resources to Help Homeowners Age in Place” provides a listing of home and community-based services that make independent living possible. In an AARP survey, 85% of senior homeowners stated that they would like to continue to live in their own home, independently for as long as possible. It is our goal to assist these homeowners in achieving their goal to live independently and with security in their own home. At Retirement Life Funding, as experienced and professional Reverse Mortgage Specialists, we believe that a reverse mortgage can be a part of a comprehensive plan that combines financial, community, and business resources. We believe a reverse mortgage can provide the funds necessary to allow many homeowners to achieve their goal of remaining in their own home. Through the Reverse Mortgage Program, we have helped many homeowners achieve their goal of continue to live in their home. As a member of the National Aging in Place Council we support its mission. The primary mission of the National Aging in Place Council is to establish an ongoing forum for individual professionals (from the private, public and non-profit sectors) and corporations to work together to promote aging in place. Secondly, we hope to encourage senior citizens, recent retirees, and Baby Boomers to be proactive in planning for their future housing and care needs and to provide ideas and information to help them do so. To continue to live in your own home there are many things you may want to consider. Financial/legal Arrangements Will Living Will, living Trust Power of Attorney Prepaid funeral plan Check and monitor investments Complete financial plan Reverse mortgage Home safety check and options Check for lose rugs or uneven steps Make sure handrails are secure Check lighting (an unlit stairwell is very dangerous) Make sure smoke detectors in good working order Additional Safety options to consider Carbon monoxide detector An emergency response system or call alert button Walk in Shower or tub Hand grips in the tub and shower area Raised toilet seat Lift Chairs Stair lifts Home modifications Improved Kitchen function Enlarge Halls and doorways New bathroom on first floor New Bedroom on first floor In Home Assistance Home Healthcare Housekeeping assistance Lawn Maintenance Bill Paying assistance Examples of Aging in Place Mr. & Mrs. Erickson are both 72 and living in their home. Everything was fine until Mr. Erickson had health issues that made it difficult to get up the steps to his bedroom. Mr. & Mrs. Erickson reviewed their financial situation and decided that the best way for them to secure their future was to obtain a reverse mortgage. They were able to pay off their small existing mortgage, relieving them of a mortgage payment and they obtained the money to add a bedroom and bathroom on the first floor of their home. The balance of the funds available from the reverse mortgage were left in a line a credit so that they would have the money when they needed it in the future. Mable Wilson lives in a small two bedroom condominium. She is happy and feels like she can maintain her independence quite well. She can get by on her income and she has a small savings account. But she is finding it increasingly difficult to maintain an active lifestyle financially. She decided to get a reverse mortgage so that she could use the funds like a stream of regular income. She designed it so that she receives a regular monthly check and retains a line of credit. This gives her extra money each month and allows her to continue her social activities. She has also maintained a line of credit for the future so she will be secure knowing she will have access to funds in an emergency. Wanda Lieberman was 82 and very active, then she fell and broke her hip. She did not want to let that take her from her home. She had been financially secure but did not have enough money to make the needed changes to her home and to pay for the in home help that she would need. With the help of her family, she decided to get a reverse mortgage and use that money to pay for the care she would need in her home. Once she convalesced from the broken hip, she returned to her home. She had a safety review of her home preformed and she fixed the broken handrail on her steps, added handgrips in the bathroom, added a walk-in shower to her bathroom, and installed a emergency response system. With these modifications and a home health companion’s assistance with some meals and general household chores, she was then able to continue living on her own just as she wanted. Resources Resources to Help Homeowners Age in Place To request your free copy, call Retirement Life Funding at 1-800-745-0102 or e-mail your request to information@reversemort.com Use Your Home to Stay at Home: A Guide for Homeowners Who Need Help Now Decide whether home equity is the right choice to meet the financial challenges of living at home with a chronic health condition, using this free booklet. Available on-line from the National Council on Aging in Place, click here to download. Use Your Home to Stay at Home: A Planning Guide for Older Consumers Consider the benefits and challenges of using a reverse mortgage as part of retirement planning for aging in place, using this free booklet. Available on-line from the National Council on Aging in Place, click here to download. Back To Top

Aging In Place

With the specific purpose of helping senior homeowners stay in their homes, we offer a free guide “Resources to Help Homeowners Age in Place.” To request your free copy, call us at 1.800.745.0102 or email your request to information@reversemort.com.

To help you live safely and independently in your own home the “Resources to Help Homeowners Age in Place” provides a listing of home and community-based services that make independent living possible.

In an AARP survey, 85% of senior homeowners stated that they would like to continue to live in their own home, independently for as long as possible. It is our goal to assist these homeowners in achieving their goal to live independently and with security in their own home.

At Retirement Life Funding, as experienced and professional Reverse Mortgage Specialists, we believe that a reverse mortgage can be a part of a comprehensive plan that combines financial, community, and business resources. We believe a reverse mortgage can provide the funds necessary to allow many homeowners to achieve their goal of remaining in their own home.
Through the Reverse Mortgage Program, we have helped many homeowners achieve their goal of continue to live in their home.

As a member of the National Aging in Place Council we support its mission. The primary mission of the National Aging in Place Council is to establish an ongoing forum for individual professionals (from the private, public and non-profit sectors) and corporations to work together to promote aging in place. Secondly, we hope to encourage senior citizens, recent retirees, and Baby Boomers to be proactive in planning for their future housing and care needs and to provide ideas and information to help them do so.

To continue to live in your own home there are many things you may want to consider.

Financial/legal Arrangements

Will

Living Will, living Trust

Power of Attorney

Prepaid funeral plan

Check and monitor investments

Complete financial plan

Reverse mortgage

Home safety check and options

Check for lose rugs or uneven steps

Make sure handrails are secure

Check lighting (an unlit stairwell is very dangerous)

Make sure smoke detectors in good working order

Additional Safety options to consider

Carbon monoxide detector

An emergency response system or call alert button

Walk in Shower or tub

Hand grips in the tub and shower area

Raised toilet seat

Lift Chairs

Stair lifts

Home modifications

Improved Kitchen function

Enlarge Halls and doorways

New bathroom on first floor

New Bedroom on first floor

In Home Assistance

Home Healthcare

Housekeeping assistance

Lawn Maintenance

Bill Paying assistance

Examples of Aging in Place
Mr. & Mrs. Erickson are both 72 and living in their home. Everything was fine until Mr. Erickson had health issues that made it difficult to get up the steps to his bedroom. Mr. & Mrs. Erickson reviewed their financial situation and decided that the best way for them to secure their future was to obtain a reverse mortgage. They were able to pay off their small existing mortgage, relieving them of a mortgage payment and they obtained the money to add a bedroom and bathroom on the first floor of their home. The balance of the funds available from the reverse mortgage were left in a line a credit so that they would have the money when they needed it in the future.

Mable Wilson lives in a small two bedroom condominium. She is happy and feels like she can maintain her independence quite well. She can get by on her income and she has a small savings account. But she is finding it increasingly difficult to maintain an active lifestyle financially. She decided to get a reverse mortgage so that she could use the funds like a stream of regular income. She designed it so that she receives a regular monthly check and retains a line of credit. This gives her extra money each month and allows her to continue her social activities. She has also maintained a line of credit for the future so she will be secure knowing she will have access to funds in an emergency.
Wanda Lieberman was 82 and very active, then she fell and broke her hip. She did not want to let that take her from her home. She had been financially secure but did not have enough money to make the needed changes to her home and to pay for the in home help that she would need. With the help of her family, she decided to get a reverse mortgage and use that money to pay for the care she would need in her home. Once she convalesced from the broken hip, she returned to her home. She had a safety review of her home preformed and she fixed the broken handrail on her steps, added handgrips in the bathroom, added a walk-in shower to her bathroom, and installed a emergency response system. With these modifications and a home health companion’s assistance with some meals and general household chores, she was then able to continue living on her own just as she wanted.

Resources

Resources to Help Homeowners Age in Place
To request your free copy, call Retirement Life Funding at 1-800-745-0102 or e-mail your request to information@reversemort.com

Use Your Home to Stay at Home: A Guide for Homeowners Who Need
Help Now
Decide whether home equity is the right choice to meet the financial challenges of living at home with a chronic health condition, using this free booklet. Available on-line from the National Council on Aging in Place, click here to download.

Use Your Home to Stay at Home: A Planning Guide for Older Consumers
Consider the benefits and challenges of using a reverse mortgage as part of retirement planning for aging in place, using this free booklet. Available on-line from the National Council on Aging in Place, click here to download.

Back To Top

Retirement Life Funding, LLC treats all information in a confidential matter based on the highest ethical standards. We will not sell your personal data or information to third parties or unafiliated entities.
All information is subject to change without notice and this website does not include all details or program requirements. Contact your Reverse Mortgage Specialist or loan documents for complete details.