IS REVERSE MORTGAGE THE RIGHT CHOICE TO PAY FOR LONG-TERM CARE?

Someone over the age of 65 needs long-term care almost 7 out of 10 in the future, according to the Ministry of Public Health and Social Services, and many have no savings to cope with the cost of help.

But they can have a house without debt and their honesty, which gives them the possibility of a reverse mortgage to cover maintenance costs.