One popular option for those looking to pay for long-term care costs is existing savings, often in the form of pensions, IRAs, and 401(k)s. All financial resources available to potential recipients must be considered for long-term care planning. Knowing the details about subjects like tax treatment and other factors is essential to build a solid plan for handling these significant costs. This episode dives into the pros and cons of using retirement savings to afford long-term care.
To learn more, download our complimentary eBook, "Planning and Paying for Long-Term Care: What Are My Options?"
Download now: https://www.cantissimoseniorliving.com/planning-paying-long-term-care-options-lp
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