GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’re able to read more about oureditorial guidelinesand our products and servicesreview methodology.
Things are going smoothly, right?
That need, which is all too common, is for intensive care as you age.
According to a 2023 study by Guardian Life, 41% of older adults require caregiving.
That percentage is expected toskyrocket as life expectancy increases.
Cognitive decline, however, is even more prevalent.
And women are at greater risk.
But the odds here just arent in our favor.
We need tofinancially preparefor intensive care needs in retirement.
Medicaid does not cover services such as assisted living.
Can yousave more today to have more money laterto hire professional help when needed?
Or what about moving to a community that offers some support, if needed, as you age?
And I always recommend thinking through the potential huge value of long-term care insurance (LTCi).
My go-to expert for LTCi is Phyllis Shelton at gotltci.com.
More From GOBankingRates
Share This Article:
