September 04, 2024
Long-Term Health Care: Exploring Your Options & Costs
When is the best time to start considering long-term care options?
Most professionals will tell you to do so before you need it. As policy costs go up the longer you wait, it's often recommended to start exploring options by the time you reach age 55. People also commonly underestimate how long they will live and what their health care needs will be as they age. Planning early for the care you may require will give you time to assess your choices, minimize potential costs, and have important conversations with family.
In this session, Chief Planning Officer Jeffrey Levine shares how to consider the need for long-term care into your financial plan.
He covers:
• Potential health care costs and need for long-term care
• What Medicaid covers and why even financially secure individuals should care
• Types of insurance plans available
• Tax implications
Category
Family Life & TransitionsContent Topics
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