Many of us dream of having a comfortable life after
retirement and living independently in our own home. However, most people will
not have that kind of retirement since 70% of Americans 65 and above will
require any form of long term care services, according to the U.S Department of
Health and Human Services.
Most Americans don’t anticipate this pressing need, which
results into relying on loved ones, government programs like Medicaid and
self-funding. In order to avoid these, here are some things you can consider
when preparing for possible long-term care expenses:
1. Know the options
2. Consider costs
3. Understand Medicare & Medicaid
4. Decide how to pay
5. Don't put it off
2. Consider costs
3. Understand Medicare & Medicaid
4. Decide how to pay
5. Don't put it off
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