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. How would you or your family members pay for a long-term care facility or in-home nurse? As is the case with many things in life, preparation in advance is key. Here are five things to look at regarding long-term care.

 

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