The Cost of Long Term Care

by | Mar 2, 2023 | Videos

One of the biggest risks in retirement is the cost of long term care. Do you buy an insurance policy ahead of time or pay out of pocket when the time comes?

In this week’s video, Tom discusses this difficult topic and lays out what long term care costs on average. He also offers a solution for folks that will receive care from family members.

Planning for health care costs in retirement is uncomfortable, but it could make all the difference.

Show Notes

Cost of Care Survey – Genworth

An Action Plan For Long Term Care – Morningstar

Paying For Long Term Care – Morningstar

The 3 Stages of Retirement – Mullooly Asset Blog

The Cost of Long Term Care – Mullooly Asset Show – Full Transcript

Check back soon for an updated transcript!