When you are planning ahead for your senior years, you should anticipate some significant expenses that are lurking over the horizon. According to the United States Department of Health and Human Services, 52 percent of seniors will need some type of paid long-term care. Over one third of them will reside in nursing homes, and some folks can receive the care they need in their homes. In Connecticut, the median annual charge for a stay in a private room in a nursing home was $167,900 last … [Read more...] about This Veterans Benefit Can Defray Long-Term Care Expenses
long-term care costs
The veterans benefits attorneys here at our firm can help you understand how to cope with long-term care costs if you are a former military service member. There are various different ways to proceed, and the ideal approach will depend upon the circumstances. This is why personalized attention is so very important, and this is exactly what you receive when you engage our firm to provide you with assistance. Special Pension Many people are not aware of the existence of a certain type of … [Read more...] about Veteran Special Pension Is Often Overlooked
When you are planning for retirement, you are going to be evaluating your projected budget that you will be working within during your senior years. This is going to include typical living expenses along with the costs that you expect to incur as you cross things off your bucket list. However, when you are making plans you should understand the fact that long-term care costs may be a very big factor. According to the United States Department of Health and Human Services, most of the people in … [Read more...] about When Is It Too Late to Do Medicaid Planning?