sandwich generation Archives | Reverse Mortgage Alabama

Sandwich Generation

Reverse Mortgages and the Sandwich Generation Talking about older peoples’ eating habits but the harsh reality of balancing the financial, physical, and emotional support of three generations. Two types of generational “sandwiches”. Young-Middle-Old: The typical generational sandwich is the middle-aged person struggling to financially support their children (often grown adults) AND aging parents. This […]

Sandwich Generation

Sandwich Generation. Reverse Mortgage Alabama. The Sandwich Generation: Who is Caring for You? Huffing Post. Ruth Tarantine, DNP, RN Nurse, educator, patient advocate Social worker Dorothy Miller, originally coined the term “sandwich generation” back in 1981, to describe women in their 30s to 40s who were “sandwiched” between young children and aging parents as their […]

**The owner(s) retain title to the property that is the subject of the reverse mortgage until the person sells or transfers the property and is therefore responsible for paying property taxes, insurance, maintenance and related taxes. Failing to pay these amounts or failure to maintain the condition of your property may cause the reverse mortgage to become due immediately. A reverse mortgage is a complex loan secured by your home. Whether such mortgage makes sense for you depends on your financial situation and needs. For these reasons, you are required to consult with a qualified independent housing counselor and include family members and other trusted advisers before making this decision. This information is not from HUD or FHA and was not approved by HUD or any government agency.

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Sandwich Generation

Sandwich Generation

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