There’s a high chance you’ll need nursing-home care, yet many fail to plan. You have planned for a comfortable retirement: where you want to live, how much you want to travel, how you would like to spend your days – and how you’re going to pay for it all. One thing that could derail this plan financially is your health. The related financial problem doesn’t stem from becoming sick and dying, but from becoming sick and living – and needing long-term care. Read Laura Mattia’s July 2014 Financially Empowering Women™ (FEW) column to learn more about planning for long-term care.
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