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Home Market Research Markets

5 Crucial Ways to Prepare for Long-Term Care Costs

by TheAdviserMagazine
7 months ago
in Markets
Reading Time: 1 min read
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5 Crucial Ways to Prepare for Long-Term Care Costs
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For Americans turning 65 in the near-term, more than half may develop a disability requiring long-term care. According to CNBC, the average future cost for someone in this age group is likely to be $122,400. One of the most dangerous misconceptions about long-term care is that regular health insurance or Medicare will cover the costs. They generally don’t. Planning ahead for these potential…



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