Long-term care and the ancillary needs around long-term care is something that is often overlooked and an area of growing concern in the United States. Statistically, 52 percent of people over the age of 65 will need some level of long-term care services ranging from intermittent in-home care to extensive nursing home/memory care. The nationwide average cost of nursing home care in 2020 was $82,125, and this figure is projected to inflate by approximately 4-5% per year. It is important to know what long-term care is, where care can be received, and the various ways to fund your care.
Purpose: Learn important planning aspects involving long-term care needs
Facilitators: Aaron Pierce (Guest Presenter - Mutual Trust Advisory Group), Joseph Bidwell (Guest Presenter - Home Instead Home Health Care) |
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