Most of you may wonder why I am talking about reverse mortgage here in my blog. A lot of you thinks it is not related to being a mommy and being a stay at home mom. It may not have a direct impact on our lives but I was thinking of our future. It may be too early but I am now researching on how me and my partner’s life will be a lot easier when we grow older. I have no plans on asking money or support from my kids. I believe that our kids should never have the burden of taking care of us when we got older. We are the one responsible for taking good care of them.
Looking for options are a good way to show your kids that you will be dependent on them. I can see that reverse mortgage is a good option for senior citizens. I am really studying it hard, knowing the reverse mortgage pros and cons. I have to make sure if it would really fit us and if it is available in our country. If it is available here, I have a good feeling that this one will solve our senior years needs. I have been asking my mother if she have some reverse mortgage information or if she knew someone who can discuss it to me. Mom is the one who is into this kind of world, insurance, mortgage, real estates and the likes.
I am really firm in my belief that I should be the one taking care of myself when I got older. Sam (one my online buddy) shares the same belief. I am glad that my mother believes that too. She always say to us that we are not responsible for her. But of course, even if she say that, we still help her (in fact half of my income from January to March were give to her).
