Long-Term Care
Long-Term Care Is a Real Concern for Many
With health care costs rising every year, these expenses can be expected to grow substantially over time
A Key Part of Retirement Planning
Thinking about how you’ll pay for long-term care should be a key part of your retirement planning process. Unfortunately an unexpected medical emergency can derail even the most thought out savings plan. While Medicaid’s coverage of long-term care doesn’t start until you have exhausted nearly all your savings, good long-term care planning could help give you more options should you require skilled care. Along with nursing home care, some policies cover in-home care and the cost of an assisted living facility. The cost varies, depending on your age and the services covered.
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Wealth Insights
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