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Reverse mortgages are being used by more and more seniors in an effort to get a loan that does not have to paid back until they move or die, giving them the funds they need to pay for their own long-term care, without relying on family or insurance. It is an incredibly popular practice for those over the age of 62, who own a home and don't want to be a financial burden on their families. In fact, they are the most popular type of loan for Americans over the age of 62.

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Tags: age, long term care insurance, reverse mortgage, reverse mortgage lender, scam artists, scams, seniors

Many retirees are faced with the possibility of a long-term care event. How will I pay expenses if I cannot take care of myself? I do not want to put the burden of long-term care expenses on my family or children. The good news is that we are not alone, millions of seniors across America are facing the same dilemma and many are making plans now.

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Tags: asset protection, Baby Boomers, long term care, long term care insurance, Retirement, reverse mortgage, seniors