As your thoughts turn to retirement and you start to figure out how much you'll need to pay for health care, one question in particular may pop into your mind: Medicare versus Medicaid — what's the difference? Medicare and Medicaid are different programs serving different purposes. Understanding them in the context of retirement planning is crucial.
As your thoughts turn to retirement, you’ll need to start to figure out how much you might have to pay for assisted living. Taking steps to plan for the future (and assisted living costs) could help ensure they are protected.
While no one can predict future long-term care needs, there are still steps you could take to help prepare for an uncertain tomorrow. From budgeting for these costs as part of your retirement savings to purchasing long-term care insurance, there are many strategies your family can consider to help ensure you get the care you need and deserve.