$85,000 to $100,000. That is the current estimated cost per year to pay for long-term care. Don’t think you’ll need it? Think again. There is a 70% chance that someone turning 65 today will need some type of long-term care. Those numbers will go up, as people live longer each year. Those care needs may … Read more
In October of 2016, my grandmother broke her back when she fell from her stair lift chair. She had always been fairly independent, but with that fall, everything changed. She now needed care 24 hours a day. To make matters more complicated, she also had a few other pre-existing conditions including aphasia (difficulty speaking), dementia, … Read more
Have you thought about how you might pay for long-term care? Do you believe that Medicare is an option? What does long-term care insurance cover? These are questions that many individuals, young or old, may ask themselves about paying for long-term care. There are several ways to pay for care as you age, but Medicare … Read more