The Nature and Cost of Long Term Care: Are You Ready For The Challenge?

The cost of long-term care is now considered by many to be the greatest threat to financial security in retirement. Without adequate planning, a single long-term care event can quickly devastate a lifetime of savings and investments.

Consider these facts:

  • The average cost of a private room in a nursing home is about $200 per day or $75,000 annually
  • 40% of people will spend some time in a nursing home in their lifetime.

This seminar will provide valuable insights about the nature and cost of long term care.

Topics in this presentation include:

  • What is long-term care and how does it differ from traditional medical care?
  • How much does long term care cost and how is it paid for?
  • What is the risk of needing long term care?
  • Why Medicare should not be considered a funding source for long-term care
  • What does each level of long-term care include?
  • Other Long-Term Care resources to consider

For more information about managing the challenges of eldercare, contact Dr. Jim McCabe

Review all of our eldercare seminars.