# Old age and reverse mortgage

**URL:** <https://boards.straightdope.com/t/old-age-and-reverse-mortgage/460660>\
**Category:** Miscellaneous and Personal Stuff I Must Share\
**Created:** [August 20, 2008, 12:45pm UTC](https://boards.straightdope.com/t/old-age-and-reverse-mortgage/460660 "2008-08-20T12:45:53Z")\
**Posts on this page:** 6\
**Page:** 1

<div class="post-metadata">

**Author:** ![Cicero](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/cicero/32/3594_2.png) [@Cicero](https://boards.straightdope.com/u/Cicero)\
**Post date:** [August 20, 2008, 12:45pm UTC](https://boards.straightdope.com/t/old-age-and-reverse-mortgage/460660/1 "2008-08-20T12:45:53Z")

</div>

For some reason I was looking at longevity and came across [Jeanne Calment](http://en.wikipedia.org/wiki/Jeanne_Calment) at wiki. The part that made me smile was in 1965, she made a sort of reverse payment to sell her apartment to a lawyer (she was 90 at the time). He agreed to pay her 2,500 francs a month until she died. She lived until she was 122 and he paid her twice the value of the unit. Not that he cared-he was dead and his widow was paying it.

I also liked how she smoked until she was 117 and only gave up due to her being unable to see the cigarettes clearly.

---

<div class="post-metadata">

**Author:** ![Risha](https://avatars.discourse-cdn.com/v4/letter/r/5fc32e/32.png) [@Risha](https://boards.straightdope.com/u/Risha)\
**Post date:** [August 20, 2008, 12:52pm UTC](https://boards.straightdope.com/t/old-age-and-reverse-mortgage/460660/2 "2008-08-20T12:52:45Z")

</div>

I’ve always found that story amusing myself, though then I feel bad for the poor lawyer.

I think that maybe we find stories like this funny because it’s kind of tasteless to be betting on someone dying sooner rather then later? Though I do think that it’s a good safety net for some people late in life, so in the long run I’m glad they exist.

(Reported this thread, by the way, since you don’t seem to have a question, so I suspect you put this in the wrong forum.)

---

<div class="post-metadata">

**Author:** ![Risha](https://avatars.discourse-cdn.com/v4/letter/r/5fc32e/32.png) [@Risha](https://boards.straightdope.com/u/Risha)\
**Post date:** [August 20, 2008, 12:56pm UTC](https://boards.straightdope.com/t/old-age-and-reverse-mortgage/460660/3 "2008-08-20T12:56:39Z")

</div>

[QUOTE=Risha]  
(Reported this thread, by the way, since you don’t seem to have a question, so I suspect you put this in the wrong forum.)  
[/QUOTE]

And I have NO IDEA why I thought I was in GQ. :smack: Never mind.

---

<div class="post-metadata">

**Author:** ![Cicero](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/cicero/32/3594_2.png) [@Cicero](https://boards.straightdope.com/u/Cicero)\
**Post date:** [August 20, 2008, 1:28pm UTC](https://boards.straightdope.com/t/old-age-and-reverse-mortgage/460660/4 "2008-08-20T13:28:08Z")

</div>

[QUOTE=Risha]  
And I have NO IDEA why I thought I was in GQ. :smack: Never mind.  
[/QUOTE]

Thanks- you just frightened the life out of me- I thought I was going around the twist 🙂

---

<div class="post-metadata">

**Author:** ![carnivorousplant](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/carnivorousplant/32/3563_2.png) [@carnivorousplant](https://boards.straightdope.com/u/carnivorousplant)\
**Post date:** [August 21, 2008, 2:07am UTC](https://boards.straightdope.com/t/old-age-and-reverse-mortgage/460660/5 "2008-08-21T02:07:53Z")

</div>

[QUOTE=Risha]  
though then I feel bad for the poor lawyer.

[/QUOTE]

HA!  
Sorry.

---

<div class="post-metadata">

**Author:** ![rocking\_chair](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/rocking_chair/32/2918_2.png) [@rocking\_chair](https://boards.straightdope.com/u/rocking_chair)\
**Post date:** [August 21, 2008, 3:19am UTC](https://boards.straightdope.com/t/old-age-and-reverse-mortgage/460660/6 "2008-08-21T03:19:33Z")

</div>

ms calment had quite a life. in an interview she said she wasn’t so very impressed with vincent van gogh. so very french.
