According to a recent Medicare study, 7 out of 10 of us will require some form of long-term care.
As more baby boomers approach and experience their 60s, outliving income may become less of a concern, while outliving good health becomes their priority. Almost 70% of retirees will need long-term care at some point. With the average cost of long-term care to seemingly be climbing, it’s crucial to have a strategy for funding long-term care without decreasing your retirement assets.
We can help you navigate the complex world of long-term care and what to consider before opting into Medicaid. Planning for these potential expenses on the front end can help save you from paying for them later.
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