Category Long Term Care

17
Feb

Tips for Long-Term Care as Rates Rise

When considering retirement plans, long-term care coverage shouldn’t be overlooked. The cost of long-term care is exorbitant — figures from 2010 estimated that a semi-private room in a nursing home can cost more than $6,200 per month, with private rooms costing over $6,900. An assisted living facility in 2010 could cost as much as $3,300 …

22
Mar

How To Know When A Loved One Needs Long-Term Care

Studies show that roughly 70 percent of individuals aged 65 or older will require long-term care at some point. But determining just when a loved one may need long-term care can be difficult both mentally as well as emotionally. To help make things easier, here are some key factors to look for when determining if …

23
May

Dispelling 4 Myths of Long Term Care Insurance

Did you know that 70% of people over 65 will require some care at some point in their lives? Nearly 44% of early and late Baby Boomers and Gen Xers are expected to fall short of meeting their basic financial needs in retirement – that is including their nursing home or home health needs. Based …