Holidays are a time to ease senior family members' greatest fear


Last updated 12/20/2007 at Noon

As families gather together to celebrate the holidays, there is an opportunity to ease senior family members’ fear of losing their independence by explaining how a reverse mortgage can help.

Loss of independence is the greatest fear for seniors according to a recent “Aging in Place” study by Prince Market Research.

Moving out of their home and into a nursing home was the next greatest fear.

For the majority of seniors (89 percent), aging in place (in their home) is very important. However, more than half (53 percent) are concerned about their ability to do so.

The issues that seni...

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