Monthly Archives March 2021

What Long-Term Care Insurance Is (and Why You Might Want to Consider It Now)

Buy now, get the care you need later. The standard approach to saving for retirement tends to be acquiring a large pot of money which you then invest (ideally in a tax-advantaged retirement account). What many retirees (or those soon to retire) soon realize is that the same pot of money that you use for food, vacations, and property tax after leaving the workforce will also have to fund the cost of long-term care in your later years, should you need it. A study by the U.S. Department of Health and Human Services estimates that half of the population will require long-term services and support—such
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