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Long-term care

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Congressman touts bipartisan long-term care bill at DC event

April 23, 2025 by bp56691
Last month, Rep. Tom Suozzi (D-N.Y.) reintroduced the Well-Being Insurance for Seniors to be at Home (WISH) Act, which would amend Social Security to provide long-term care benefits for program participants.
Categories Aging in Place, Genworth Financial, House of Representatives, HWmember, Legislation, Long-term care, Michigan, National Council on Aging, New York, Reverse, Washington, D.C.

Columnist: Reverse mortgages have benefits that come with risks

March 10, 2025 by bp56691
Reverse mortgages can be beneficial in the right situation, but there are risks to consider, personal finance columnist Liz Weston writes.
Categories HECM, HWmember, Long-term care, Reverse, Social Security

Retirees may be turning to home equity to finance healthcare shocks: report

February 24, 2025 by bp56691
Despite not planning to, retirees appear to tap home equity often to address a healthcare-related financial shock according to a new research brief.
Categories Boston College, Center for Retirement Research, Home Equity, Long-term care, Retirement, Reverse

Family caregivers who support older relatives are on the rise due to aging-in-place preferences

February 5, 2025 by bp56691
The share of unpaid caregivers rose sharply between 2011 and 2024, which researchers said came partially from rising preferences for aging in place.
Categories Aging in Place, Long-term care, Reverse

‘Silver tsunami’ could propel change at low-enrollment WA college

January 24, 2025 by bp56691
A state senator in Washington wants to close a low-enrollment college and transform it into a health sciences campus, citing the “silver tsunami.”
Categories HWmember, Long-term care, Retirement, Reverse, Washington

HUD takes a closer look at senior finances, housing affordability pain points

December 11, 2024 by bp56691
A new report from HUD’s Office of Policy Development and Research takes a closer look at older Americans’ housing affordability challenges.
Categories Fannie Mae, Federal Reserve, HUD, Long-term care, Longbridge Financial, Reverse

Johns Hopkins: Long-term care must be expanded to support aging in place

December 5, 2024 by bp56691
A recent study authored by researchers at Johns Hopkins University’s Bloomberg School of Public Health suggests that the integration of health, social services and community-based support systems must be improved to better accommodate the desires of older Americans to age in place in their homes.
Categories Aging in Place, Long-term care, Retirement, Reverse

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