Success in Retirement Often Depends Upon Having Options

Posted on

Sep 16, 2020

Want to Stay in Place? - Typically, the home is one of your largest assets. It is often overlooked when seeking ways to fund retirement. I will help you determine if a Reverse Mortgage will enhance your retirement. For many retirees it provides both financial security and peace of mind. It is a safe and proven way to generate additional cash flow and financial flexibility utilizing the value youve built up in your home.
Want to Move? - If you dream about moving then you owe it to yourself to learn about using Reverse Mortgage to buy your next home. You can increase your purchasing power, preserve a large portion of your life savings and eliminate monthly mortgage payments.
Im local and will walk you through a free, no obligation review to help you determine which product option best meets your goals and needs.
Editors Note: This article was submitted by Jan Jordan, Reverse Mortgage Loan Officer, NMLS 543249. Jan works for Mutual of Omaha, NMLS 1025894 and may be reached at 970-646-8908 or by email at: jjordan@mutualmortgage.com

Other Articles You May Like

Innovative VA Programs: Supporting Senior Veterans in Care

Providing care for our senior veterans can be a noble yet challenging task. These unsung heroes often grapple with unique health and support needs due to their past service and advancing age, leaving their caregivers in need of resources and assistance. Thankfully, innovative programs from the Department of Veterans Affairs (VA) offer a beacon of hope. From home-based primary care to telehealth services and respite care, these pioneering initiatives are revolutionizing the way caregivers can support our senior veterans. Home-Based Primary CareIn the realm of senior veteran care, the Home-Based Primary Care program serves as a crucial supporting pillar. This program is designed for veterans who have complex healthcare needs and find it difficult to travel to the VA medical center. It is a collaborative care model where a dedicated team delivers comprehensive care right at the veteran's home. This team is often multidisciplinary, consisting of doctors, nurses, social workers, and rehabilitation therapists, ensuring a holistic approach to the veteran's health care needs.The introduction of this program has significantly improved the quality of care for senior veterans. Caregivers have reported that it alleviates the burden of frequent hospital visits and ensures that medical help is available when it's most needed. For example, consider the case of Mr. Johnson, a World War II veteran. The Home-Based Primary Care program transformed his care experience, reducing hospital admissions and increasing his overall comfort by providing care right in his home.Telehealth ServicesAn important innovation in modern health care is Telehealth Services, a game-changing resource for caregivers of senior veterans. Through this program, healthcare services are delivered remotely via telecommunication technologies. This includes consultations with healthcare professionals, remote patient monitoring, and access to medical education.Telehealth services have been instrumental in enhancing the care experience for both caregivers and senior veterans. By bridging geographical barriers, it ensures timely access to health care services and reduces the stress and difficulty associated with travel. It's particularly beneficial for senior veterans living in remote or rural areas. Take the example of Mr. Smith, a Vietnam War veteran living in a rural area. Through telehealth services, he was able to regularly consult with his specialists, something that would have been difficult given his location.Respite CareRespite care is another transformative initiative from the VA. It's a service that provides temporary relief to caregivers from their caregiving duties. This gives caregivers the opportunity to rest, rejuvenate, and attend to their personal needs without worrying about the well-being of their loved ones. Simultaneously, it ensures that senior veterans continue to receive safe and professional care.Respite care acknowledges the crucial role caregivers play and the toll constant caregiving can take on their health and well-being. Caregivers like Mrs. Davis, who cares for her husband, a Korean War veteran, found respite care to be a lifesaver. It allowed her to pay attention to her own health needs without compromising the care of her husband.In the roadmap of senior veteran care, these VA programs are vital milestones. Home-Based Primary Care, Telehealth Services, and Respite Care each provide distinctive solutions to the challenges faced by caregivers. They enhance the quality of care and support caregivers in their demanding roles, ensuring our senior veterans get the quality of life they rightfully deserve. Veteran Care at Home by Senior Helpers GreeleyFor those living in Fort Collins, Loveland, Greeley, Wellington, or Longmont, Senior Helpers Greeley is committed to providing compassionate and comprehensive care for your loved ones. We offer veteran care services that can help seniors make the most of their VA benefits and maintain independence at home as long as possible. Contact us today to learn more 970-373-3858.

Assistive Devices for Senior Independence: Caregiver Guide

Assistive devices play an increasingly useful role in ensuring the well-being, dignity, and independence of our senior population. They not only help the elderly age gracefully in the comfort of their own homes but also significantly ease the demanding task of caregiving. They can make life easier for many caregivers by reducing some of the burdens they face.Mobility AidsMobility aids, such as walking aids and transfer devices, are fundamental in maintaining seniors' freedom of movement and ensuring their safety. Walking aids like canes, walkers, and wheelchairs assist seniors in navigating their surroundings, preventing unnecessary falls and injuries. On the other hand, transfer aids, like lift chairs and bed rails, support seniors during transition movements, such as standing from a seated position or getting in and out of bed. These aids not only enhance seniors' confidence in moving around but also alleviate the physical strain on caregivers.Adaptive ClothingAdaptive clothing is another innovative solution that promotes senior independence. This clothing is designed with features like Velcro fasteners, elastic waistbands, and magnetic buttons that make dressing and undressing easier for seniors, particularly those with mobility issues or arthritis. Examples include easy-to-wear shoes that eliminate the hassle of lacing up, front-closing bras, and side-opening pants. By allowing seniors to dress with minimal assistance, adaptive clothing boosts their self-esteem and encourages self-reliance while significantly reducing caregivers' time and effort on dressing tasks.Smart TechnologyIn the era of smart homes, technology has become a game-changer in senior care. Smart devices, activated by voice or motion, automate everyday tasks that may be challenging for seniors. Voice-activated assistants like Amazon's Alexa or Google Home can make phone calls, set reminders for medication, or control home lighting all hands-free. Automated lighting systems and temperature controls can adjust the home environment based on the time of day or the residents' activity levels to ensure comfort and safety. Medical alert systems, like fall detection or emergency call buttons, provide an additional safety net by alerting caregivers or emergency services if the seniors are in distress. Such technologies not only provide seniors with a sense of control over their lives but also offer caregivers peace of mind, knowing their loved ones are safe.Empower Senior Independence Embracing assistive devices is a smart move towards enhancing seniors' independence and streamlining caregiving tasks. By mitigating daily challenges for seniors, these devices improve their quality of life and enable them to enjoy their golden years in the warmth and familiarity of their homes. These aids also alleviate caregivers' responsibilities, allowing them to focus more on providing emotional support and companionship, which are equally vital for seniors' well-being.For those residing in Fort Collins, Englewood, Littleton, Estes Park, and Longmont, the skilled team at Senior Helpers Fort Collins is always ready to assist you with your senior care needs. Reach out to us today for guidance on choosing the right assistive devices or for comprehensive and compassionate senior care services.

5 Reasons to Explore Reverse Mortgages

Exploring the Advantages of Reverse MortgagesReverse mortgages have gained popularity as a financial tool for retirees looking to access their home equity without selling their homes. These unique financial products offer several advantages to eligible homeowners: 1.    Supplement Retirement Income: One of the primary benefits of a reverse mortgage is the ability to convert home equity into cash, providing a valuable source of supplemental income during retirement. This can be especially beneficial for individuals with limited savings or those looking to enhance their lifestyle without taking on additional debt. 2.    No Monthly Mortgage Payments: Unlike traditional mortgages, reverse mortgages do not require monthly payments. Instead, the loan is repaid when the homeowner sells the home, moves out, or passes away. This feature can ease financial burdens for retirees on fixed incomes, allowing them to remain in their homes without worrying about ongoing mortgage payments. 3.    Stay in Your Home:   One of the most significant advantages of a reverse mortgage is the ability to stay in your home for as long as you live. As long as you maintain the property, pay property taxes, and keep up with homeowners insurance, you can continue to reside in your home. 4.    Flexibility in Accessing Funds: Reverse mortgages offer flexibility in how homeowners can access their funds. Borrowers can choose to receive a lump sum, a line of credit, regular monthly payments, or a combination of these options. 5.    No Repayment Until You Leave the Home: With a reverse mortgage, the loan does not need to be repaid until the last borrower permanently leaves the home. This provides peace of mind for borrowers, knowing that they can access their home equity without immediate repayment obligations.Reverse mortgages offer a valuable option for retirees seeking to unlock the wealth tied up in their homes while maintaining the comfort and security of home ownership.  Contact Nicole Cramer with Anchor Funding to find out more about how a Reverse Mortgages.  She can be reached at 251-349-9891