Protecting Your Estate from Long-Term Care Expenses
Unless you have reliable retiree health care from your employer, the growing cost of medical care is probably on your fret list. Protecting your retirement accounts from the cost of long-term health care in a nursing home may or may not be completely possible, depending on the other assets you have, your age, and your marital status.
What’s the Risk?
The thought of losing your hard-earned savings, not to mention carefully cultivated retirement accounts, to the high costs of a nursing home can be terrifying. Seemingly every day, we read about how much nursing homes can cost. And if you’ve ever visited a loved one in a nursing home, you’re probably pretty sure you want to be able to afford ...