Long-Term Care Is Expensive, Even With Insurance. 7 Tips to Help You Prepare.

Long-Term Care Is Expensive, Even With Insurance. 7 Tips to Help You Prepare.

Lou Torres had known for years that his wife, Carol, had dementia and might end up in long-term care. So he increased their savings rate as he gradually became Carol’s 24-hour caregiver.

“I didn’t know what was coming, but I knew it would be expensive,” he said.

In 2020, the task of…

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