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Long-Term Care Series

Getting Medicaid to (Maybe) Pay for Your Nursing Home Costs: The (Updated) Guide.

October 28, 2021 by Linda Vaughn
Torn dollar bill with the word "Medicaid" over George Washington's face

The takeaway: Medicaid foots the bill for 62% of all nursing home residents.  Everybody else is paying over $100,000 a year.  To be one of the 62%, you need to know the following four things:  1) Medicaid’s financial requirements, 2) how to find legal help so you can potentially meet those requirements regardless of your … [Read more…]

Posted in: Long-Term Care Series Tagged: Long-Term Care, Medicaid, Medicaid planning, Nursing homes

Continuing Care Retirement Communities, Part 3 – Questions to Ask Before Signing on the Dotted Line

September 1, 2019 by Linda Vaughn

The takeaway:  Continuing care retirement communities are part of the trilogy of your long-term care options–but these come with waiting lists. Folks are clamoring to get in.  You, savvy Boomer, will not be swayed by fear of missing out. Certain questions about these places still need to be asked.  This post asks those questions so … [Read more…]

Posted in: Long-Term Care Series Tagged: Continuing Care Retirement Communities, Long-Term Care

Continuing Care Retirement Communities, Part 2–Four Ways to Figure Out if They’re Worth the Money

August 22, 2019 by Linda Vaughn

The takeaway:  Continuing Care Retirement Communities give you a place to live, provide lots of amenities and activities, and–depending on your contract–include long-term care.  This post provides four steps to help you decide if these places are worth the money.  The post also tells my experiences and impressions visiting two different communities in two different … [Read more…]

Posted in: Long-Term Care Series Tagged: Continuing Care Retirement Communities, Long-Term Care insurance

Continuing Care Retirement Communities, Part 1–Seven Essential Things to Know

July 1, 2019 by Linda Vaughn

The takeaway:  Continuing Care Retirement Communities are housing developments that let you age in place, while also providing long-term care if you need it. They are one of the three major types of long-term care insurance you can buy; the other two were discussed in an earlier post.  Unless you have money to burn, be clear … [Read more…]

Posted in: Long-Term Care Series Tagged: Continuing Care Retirement Communities, Long-Term Care insurance

Three Types of Long-Term Care Insurance: You Might Not Need Any!

February 21, 2019 by Linda Vaughn

The takeaway:  With or without insurance, long-term care could cost you a bundle.  This post is designed to help ensure you don’t spend money to protect against something Uncle Sam might pay for.  However, if Uncle Sam won’t pay, this post can help you decide if long-term care insurance is worth it.  Should you decide it … [Read more…]

Posted in: Long-Term Care Series Tagged: Annuity long-term care insurance, Hybrid long-term care insurance, life-insurance as long-term care insurance, long-term care and continuing care retirement communities, Long-Term Care insurance, traiditional long-term care insurance
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Recent Posts

  • Under (Re)Construction!
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Categories

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  • Basics: Money and Investing (15)
  • Book Reviews (13)
  • Boomers – The Fabs The Fails (10)
  • Don't Outlive Your Money Series (15)
  • Drawing Down Your Nest-Egg (3)
  • Long-Term Care Series (14)

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