Long-Term Care Insurance
Look for all of mom’s insurance policies and review them. Be sure you have the current policy and that the premiums are paid.
Traditionally, our sixtieth decade has been seen as the decade of retirement. But whether you retire in your sixties or not, these years are filled with important financial decisions.
Your 50s. These are typically your prime earning years, as well as the decade when retirement begins to come within view.
Should you run out and buy long-term care insurance when you turn 55? I don’t know!
As the adult child you may someday have to reverse roles with your parents!
Long-term care is the care needed for individuals with chronic disabilities.
It’s time to dig out those receipts for last year’s charitable contributions.
Long-term care insurance covers nursing home care and maybe home care for those individuals who cannot perform the activities of daily living.
Long term care insurance covers nursing home care and maybe home care for those individuals who cannot perform the activities of daily living.
More than likely, at some point in your life you will need long-term care…but is insurance necessary?