“Plan ahead to protect your family and your fortune from this retirement risk”

Plan ahead to protect your family and your fortune from this retirement risk,” by Darla Mercado, CNBC

“Not everyone will wind up needing care in an assisted-living facility in old age, but everybody should plan for it, just in case. … Cheng suggested using these three questions as guidelines in drafting your long-term care plan.

  1. Where do you want to receive care? …
  2. Who’s in charge of your medical decisions? …
  3. Who should make financial decisions for you?”

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

Pretty superficial advice, but at least from a major financial media outlet.

Plan ahead to protect your family and your fortune from this retirement risk

#goldencareagent