Jove
Visualize
Contact Us
JoVE
x logofacebook logolinkedin logoyoutube logo
ABOUT JoVE
OverviewLeadershipBlogJoVE Help Center
AUTHORS
Publishing ProcessEditorial BoardScope & PoliciesPeer ReviewFAQSubmit
LIBRARIANS
TestimonialsSubscriptionsAccessResourcesLibrary Advisory BoardFAQ
RESEARCH
JoVE JournalMethods CollectionsJoVE Encyclopedia of ExperimentsArchive
EDUCATION
JoVE CoreJoVE BusinessJoVE Science EducationJoVE Lab ManualFaculty Resource CenterFaculty Site
Terms & Conditions of Use
Privacy Policy
Policies

Related Experiment Videos

Reverse mortgages.

D Farnesi

    Caring : National Association for Home Care Magazine
    |August 6, 1995
    PubMed
    Summary

    Elderly individuals needing home care often face financial challenges. Exploring reverse mortgages can provide a viable solution for homeowners with limited income to afford essential care services and maintain independence.

    Related Concept Videos

    You might also read

    Related Articles

    Articles linked to this work by shared authors, journal, and citation graph.

    Sort by
    Same author

    In phantom evaluation of targeting accuracy in MRI-based brain radiosurgery.

    Physica medica : PM : an international journal devoted to the applications of physics to medicine and biology : official journal of the Italian Association of Biomedical Physics (AIFB)·2021
    Same author

    Quasi-distributed and wavelength selective addressing of optical micro-resonators based on long period fiber gratings.

    Optics express·2015
    Same author

    Long period grating-based fiber coupler to whispering gallery mode resonators.

    Optics letters·2014
    Same author

    Optical frequency conversion in silica-whispering-gallery-mode microspherical resonators.

    Physical review letters·2014
    Same author

    High Q silica microbubble resonators fabricated by arc discharge.

    Optics letters·2011

    Area of Science:

    • Gerontology
    • Financial Gerontology
    • Healthcare Economics

    Background:

    • Many elderly individuals and their families experience financial difficulties when trying to afford necessary home care.
    • Homeownership is common among seniors, yet many face income limitations that hinder their ability to access services.
    • Maintaining independence at home is a significant priority for the aging population.

    Purpose of the Study:

    • To explore the potential of reverse mortgages as a financial tool for elderly individuals requiring home care.
    • To assess the feasibility of using home equity through reverse mortgages to fund in-home care services.
    • To identify reverse mortgages as a potential solution for financial constraints in elder home care.

    Main Methods:

    • This study is a conceptual analysis and literature review.
    • It examines existing financial products and their applicability to elder care needs.
    • The research synthesizes information on reverse mortgage structures and home care costs.

    Main Results:

    • Reverse mortgages allow homeowners to convert home equity into cash, which can be used for various purposes, including home care.
    • This financial mechanism can bridge the income gap for seniors who own their homes but lack sufficient funds for care.
    • Utilizing reverse mortgage funds can enable seniors to afford continuous in-home support, promoting aging in place.

    Conclusions:

    • Reverse mortgages present a promising financial strategy for elderly homeowners to fund essential home care services.
    • This approach can alleviate financial burdens, enabling seniors to maintain their independence and quality of life at home.
    • Further research into the long-term financial implications and accessibility of reverse mortgages for elder care is warranted.

    Related Experiment Videos