CHAPTER 22

Housing, Medicare, and Long-Term Care Concerns

Introduction

Regardless of the level of wealth attained, every retiree will deal with issues like where to live, how to provide for health care needs, and how to manage end-of-life care situations. Housing options could include staying where they are, but they may need to consider how they can monetize their home and still live there if the need exists. They should also understand the various planning options available to them through Medicare. Moreover, they should understand what can be done if they retire before age 65, when Medicare coverage begins.

It has been said that the only two guarantees in life are death and taxes. As retirees approach the inevitability of death, they should ...

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