Extended care is the most common way a solid retirement plan gets dismantled. Planning for it early costs far less than reacting late.
The majority of retirees will need some form of extended care. Few plans account for it — and the cost of improvising is measured in six figures.
Decide who pays, in advance
Self-funding, insurance and hybrid strategies each work for different balance sheets. The wrong answer is no answer.
Earlier is cheaper
Coverage priced in your fifties costs a fraction of what it costs later — if health still allows it at all.
Protect the healthy spouse
Care for one spouse should not impoverish the other. We design protection around the household, not the individual.
This article is for educational purposes only and is not tax, legal or investment advice. Speak with a licensed professional about your own situation.
