Grand Plans Season 4 Episode 4: Reverse Mortgages & Funding Care Without Panic with Carol Demarco скачать в хорошем качестве

Grand Plans Season 4 Episode 4: Reverse Mortgages & Funding Care Without Panic with Carol Demarco

What happens when “a little extra help” suddenly becomes 24/7 care? In this episode of Grand Plans, Susanna shares a deeply personal story about serving as primary caregiver and financial power of attorney for friends’ aging parents — and the overwhelming reality of figuring out how to pay for round-the-clock care. Sitting at her kitchen table reviewing bank statements and home equity documents, she explored every option — including reverse mortgages. While that tool wasn’t ultimately used in that particular situation, the experience reinforced something we talk about often on this podcast: You need to understand your financial options before you’re in crisis mode. Joining the conversation is Carol DeMarco, Branch Business Development Specialist with Fairway Home Mortgage in Jacksonville, Florida. Carol explains: • What a reverse mortgage (HECM loan) actually is • How it can help older adults age in place • What it means for heirs and estate planning • The risks and misconceptions • Why proactive planning beats reactive panic With 70% of Americans projected to need some form of long-term care and in-home care averaging $34/hour, understanding the financial tools available to you isn’t optional — it’s essential. Whether you're caregiving now, planning ahead, or simply trying to age more mindfully, this episode equips you with clarity — and clarity creates calm. ________________________________________ Connect with Carol Demarco To learn more about reverse mortgages or request Carol’s educational resources: Carol Demarco Branch Business Development Specialist Fairway Home Mortgage 📧 Email: carol.demarco@fairwaymc.com Be sure to ask about her educational materials and consumer guide to reverse mortgages. ________________________________________ As always, share this episode with someone navigating caregiving or retirement planning — and keep designing your next chapter with intention.