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Will GFCI breakers protect my outlets?

I'm about to move into an older home at the end of the month. Upon inspection, the inspector found that the outlets aren't grounded. I've been doing a lot of reading on how to fix the situation. I understand that my options are to 1. Ground the outlets. I can do this easily but there are a lot of outlets. 2. Install GFCI outlets and ground them. This is expensive but I'm not really worried about that. 3. Install GFCI or GFCI/AFCI breakers in the electrical panel.

I'm leaving towards option 3. I keep reading that I can do option 3 depending on my homes wiring. There was no elaboration on what wiring my home needs to make sure that GFCI breakers will offer the protection that I need. Is it just as simple as replacing old breakers with GFCI breakers and grounding them on a ground bar (I forget the actual name of the bar) or will I have to run additional wiring all around the house in addition to installing the GFCI breakers? The house was built in 1952 and had a new panel installed but uses what looks like non GFCI breakers. Any help or a link to better reading material?