Children & Caregivers Archives

Forget the Nursing Home: Aging in Place with a Reverse Mortgage Loan

Posted - August 17, 2016

Forget the Nursing Home: Aging in Place with a Reverse Mortgage Loan

Not only can care be provided less expensively in your home but it is also a key for achieving optimal outcomes for many patients.

A reverse mortgage loan can be used to help pay for senior care for you or your spouse. This gives you the opportunity to live safely and comfortably in your home – on your own terms.

Aging in place (living in your own home) and not in a nursing home will help enhance your quality of life by empowering you to:

Continue living in your comfortable and

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Care Givers: The Effects of Providing Long-term Care

Posted - December 28, 2015

AAG Launches Wholesale Division

Long-term care can have a huge impact affecting the finances, career, lifestyle, health, relationships and state of mind for thousands of caregivers across the United States, according to a recent study by Genworth Financial.  These impacts can occur both over a short and longer period of time, with more than 43 percent of caregivers reporting that their loved one’s need for care lasted three or more years.  Although one of the largest impacts is financial, taking care of a loved one may

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Time Magazine Weighs in on “How to Care for 2 Parents at Once without Going Broke”

Posted - December 15, 2015

While it might be common to hear stories about an adult child helping to provide care for their aging parent, what is the impact for those who care for both parents at the same time? Such is the subject of a recent Time Magazine, Money column. The toll of caring for both parents can take more than double the emotional and financial stress, according to the article.

Consider the expenses: according to Genworth Financial’s annual Cost of Care study, the average annual cost associated with

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