Thanks for taking the Long-term Care Quiz! Here are the correct answers:
About 40% of today’s 65-year-olds will need long term care at some point in the future.
This is TRUE… many people don’t realize that long-term care planning should be part of their financial planning.
On average, a one-year stay in a nursing home costs about $30,000.
This is FALSE… costs for nursing care varies based on need and services provided. Let’s discuss options and how to prepare for the costs.
Nursing home expenses for Alzheimer’s patients are covered by Medicare.
This is FALSE… be sure you understand all of the potential costs related to long-term care. Contact us today!
Set up an appointment to discuss your long-term care needs.