Medicare doesn't cover long-term care
Long-term care comes at a huge cost to many retirees living in the US. If you think you'll need help paying for long-term care, it's recommended to buy a policy between ages 52 and 64 to secure the best rates. Long-term care insurance usually kicks in anywhere from 30 to 90 days after eligibility is confirmed and will pay a daily benefit amount up to a maximum number of days or amount of money. Read more personal finance coverage. Healthcare is the largest expense most retirees face.
Long-term care comes at a huge cost to many retirees living in the US. If you think you'll need help paying for long-term care, it's recommended to buy a policy between ages 52 and 64 to secure the best rates. Long-term care insurance usually kicks in anywhere from 30 to 90 days after eligibility is confirmed and will pay a daily benefit amount up to a maximum number of days or amount of money. Read more personal finance coverage. Healthcare is the largest expense most retirees face.
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