Does Medicare and Other Health Insurance Pay for Long-Term Care? Many Americans mistakenly assume that Medicare or other health insurance will help pay for long-term care costs. This assumption can prove disastrous for many seniors and their families. For instance, a government study from the Department of Health and Human Services estimated that 75 percent of…
One of the most important things to consider as you’re planning for retirement is Social Security and where it fits into your finances. Knowing how to protect your assets before and when you’re in retirement makes a huge difference in keeping your lifestyle and quality of life. Here are a few tips: Evaluate your income…
Preparing for the future is more than just making sure you are financially set. Things happen, so considering the unpredictability of medical costs or the need for long-term care must be taken into account. Here are a few benefits of long-term care insurance: You stay independent in your later years. If you’re healthy, chances are…
