November 24, 2020
Business News

Nearly Half of Older Americans Need to Get Schooled on Long-Term Care Insurance – The Motley Fool

It’s easy to think of long-term care as somebody else’s eventual problem, but the harsh reality is that 70% of Americans 65 and over end up needing some type of long-term care in their lifetime. That doesn’t always mean a two-year nursing home stay; it could mean a few months of home healthcare, or a stint at an assisted living facility that promotes independence. But either way, the cost of long-term care can be downright astonishing to those who aren’t prepared for it. And unfortunately, a lar…

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