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As a result, seniors — like people in other age groups — can get mortgages if they meet a lender’s approval criteria.
A retirement community is a residential community or housing complex designed for older adults who are generally able to care for themselves. Assistance from home care agencies is allowed in some communities, and activities and socialization opportunities are often provided. [1] Some of the characteristics typically are: the community must be ...
Elderly care, or simply eldercare (also known in parts of the English-speaking world as aged care ), serves the needs of old adults. It encompasses assisted living, adult daycare, long-term care, nursing homes (often called residential care ), hospice care, and home care .
Seniors with good credit, sufficient retirement income and assets and not a lot of debt can get a mortgage or home loan.
AARP was formed in 1958 by Ethel Percy Andrus, a retired educator from California, and Leonard Davis, who later founded Colonial Penn 's insurance companies. [5] [6] It is an influential lobbying group in the United States. [7] [8] AARP sells paid memberships, and markets insurance [9] and other services to its members.
The number of workers who plan to work full time beyond age 62 has fallen dramatically, dropping to 46% from 55% four years ago.
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