Reported 3 days ago
As retirees face the possibility of needing long-term care, understanding and planning for these costs becomes essential. With about half of Americans aged 65 and over expected to require some form of long-term care, strategies such as support from family, adjusting expenses, insurance options, utilizing home equity, and considering Continuing Care Retirement Communities (CCRCs) can help manage unpredictable costs. Additionally, consulting with a local attorney regarding Medicaid and its implications is advised for making informed decisions.
Source: YAHOO