“New ways to estimate and fund long-term care costs,” by Mary Beth Franklin, InvestmentNews

“Nothing strikes fear in the heart of retirees more than the three letters: LTC. The potentially crushing costs of long-term care in a nursing home, memory care unit or even at home — most of which are not covered by Medicare — can easily destroy a retirement plan. But the unpredictability of who will require costly care and the diminished availability of traditional long-term care insurance policies create a challenge for even the savviest financial advisers.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

Veteran writer on LTCI usually positive looks at new approaches.

New ways to estimate and fund long-term care costs

#long-term
#goldencareagent