AgingHealth Care FinanceLTCNursing Homes

A few ways to pay for long-term care in retirement

The U.S. Department of Health and Human Services has projected more than one in four retirees will need long-term care (LTC), costing more than $100,000. Also, around 15 percent of retirees will require care costing more than $250,000 or even more for those needing several years of care. How will you afford to pay for long-term care in retirement? David Rae, a CFP and a contributor to Forbes offers a few ways to pay for your long-term care in retirement. Read Mr. Rae’s article here…

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