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retirement strategy

4 Ways to Prepare for Long-Term Care

Most of us don’t want to think about the day when we can no longer take care of ourselves, or when our loved ones can no longer live on their own. But the hard truth is that 70% of us will need some form of long-term care once we reach our golden years.

5 Ways to Prepare for Long-Term Care

When you are planning for retirement, one of the most overlooked aspects that many forget to consider is long-term care. It is one thing to set aside money throughout your life to cover monthly expenses such as mortgage/rent, groceries, gas, and entertainment. It is an entirely different concept when looking forward at the potential need for long-term care.

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