Read about topics to help you age well, enjoy your retirement years, and navigate the intricacies of Medicare and Social Security.
This topic is important because Medicare doesn't cover long-term care. Never has, never will.
Medicare only covers medical issues, not what is called "Activities of daily living." As we decline and need extra help and care, Medicare isn't the answer.
What is the answer? Fundamentally there are three answers
As we decline, the help we need may start off simply as needing help with food preparation, getting dressed each day, bathing, mobility (help getting in and out of a car). As time goes on, our needs often increase beyond the capability or capacity of our loved ones who are happy to help but have lives of their own to live, or they may be many miles away and cannot help everyday or on a regular basis.
This is where we come back to the central question: Do you have a plan for long term care? Have you specifically...