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Articles related to focusing on healthy aging, prevention, mobility, cognition, nutrition, independence, and caregiving support.

4 min

What is the average age of reverse mortgage borrowers?

According to recent data, including figures from the Federal Housing Administration, the average age of a reverse mortgage borrower is typically around 75, a figure that has remained consistent for several years. This reveals a critical aspect of who utilizes this financial tool for senior care, with most homeowners waiting well beyond the minimum eligibility age to tap into their home's equity.

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6 min

What percentage of retirees still have a mortgage?

According to recent data, a significant and growing percentage of retirees are still carrying a mortgage, a notable shift from previous generations who often entered retirement debt-free. This trend raises critical questions about financial security and planning for a comfortable retirement and sheds light on why so many retirees still have a mortgage.

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4 min

Understanding How Many People Over 70 Have a Mortgage?

According to research from the Urban Institute, the share of homeowners ages 75 and older with a mortgage reached 30.1% in 2022, nearly tripling since 1998. This surprising statistic highlights the shifting financial landscape and raises questions about **how many people over 70 have a mortgage** today.

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