Page 4 - WSAAG051_A Guide for Caregivers Booklet
P. 4

3 Home Equity                                      1. Home Improvements

                                                           Using funds from a HECM or home refinance to make the
        Health Care                                        home safer and more age-appropriate is a way for home-
                                                           owners to continue living at home, which repeated studies
        Strategies                                         have shown is the overwhelming preference of older adults*.

                                                           Renovations for this age-in-place strategy might include
                                                           the installation of a walk-in bathtub, wheelchair ramp or the
                                                           creation of a first-floor master suite.
        Making the home
        safer and more suited

        to you, paying for in-                                                           *AARP 2018 Home and Community
        home health services                                                             Preferences Survey, August 2018.

        and building a stronger                                                          Find the full article at http://bit.ly/
                                                                                         hmpreference
        safety net to cover

        unexpected medical
        expenses are all

        strategic uses of
        home equity.                                   ** 75 Must-know Statistics About Long-term

                                                        Care: 2018 Edition, updated August 20, 2018.
                                                        Read more at http://bit.do/ltcare
      4
   1   2   3   4   5   6   7   8