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With more than half of Americans turning 65 eventually needing long-term care at a cost exceeding $100,000, proper planning is essential. Discover strategies to to handle these potential expenses.
For Americans turning 65 in the near-term, more than half may develop a disability requiring long-term care. According to CNBC, the average future cost for someone in this age group is likely to be $122,400. One of the most dangerous misconceptions about long-term care is that regular health insurance or Medicare will cover the costs. They generally don’t. Planning ahead for these potential…
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