More seniors are turning to reverse mortgages as a way of receiving supplemental income in retirement and covering the costs of aging in place. As with any financial strategy, it’s important to consider the benefits and drawbacks very carefully.

Having a career and being a full-time caregiver creates many obstacles. When an aging parent needs help at home, talk to your employer about options available to you. Local resources may lessen the stress and complication for you as a working caregiver.