Long-term care insurance is surprisingly beneficial if you plan to age in place. Here's how.
Most people want to stay in their own homes through the later years of their lives, and you may be one of them. After all, you worked hard to pay for your home and have created irreplaceable memories in it. So, with a plan to age in place, there's not much need for long-term care insurance, right?Not exactly. Even if you plan to live out your later years at home, there are additional costs to think about. Long-term care insurance can help you cover those additional costs.
Adjustable beds, mobility scooters and more could make your life easier as you age at home. Unfortunately, this equipment can be costly. The good news is that your long-term care insurance policy may help cover the equipment you need that's not already covered by your health insurance provider. Of course, every policy is different, and some policies simply aren't designed to help you age in place.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The S&P 500 can underperform its long-term average for a long timeThe S&P 500 can underperform its long-term average for a long time
Read more »
Why stocks may not live up to your retirement expectationsThe S&P 500 can underperform its long-term average for a long time
Read more »
Cal State Long Beach’s Demo Day brings CSU startups, investors togetherStarups based at all 23 Cal State University campuses participated in the CSU Demo Day at CSULB on Friday, Nov. 3.
Read more »
2 brothers dead, parents injured after fire tears through Long Island homeThe brothers, ages 16 and 24, were found dead inside the home on Udall Road, police said.
Read more »
Long Island scores twice in fourth quarter to rally past St. Francis 29-28Chris Howell and Aviyon Smith-Mack combined for a 72-yard pass play, setting up the go-ahead touchdown run by Owen Glascoe, and Long Island rallied to defeat St. Francis of Pennsylvania 29-28.
Read more »
Fire kills two brothers, injures parents on Long IslandFire tore through a Long Island home Saturday morning killing two people and injuring two others
Read more »