Planning for Long Term Care Costs Across Life Stages
The article warns aging adults to plan for rising long term care expenses as options grow. It cites Genworth data showing a semi private nursing home room around 6800 monthly, about 82000 yearly, and notes home health aide costs near 3800 monthly. It emphasizes retirement savings at risk when care is needed.
MENTIONED IN THIS ARTICLE
AARP
U.S
Genworth
Social Security Administration
Tax changes and care costs ahead for 2019 headline
The text outlines changes for 2019 including divorce tax deductibility after December 31, 2018, the health care mandate ending with no penalty for lacking coverage, a new tax on nonprofit employers paying salaries over $1 million, and concerns charities may lose donations due to changes in itemized deductions. It also notes long term care needs and funding, with phrases from sources like the National Care Planning Council about extended help and care costs beyond Medicare.
MENTIONED IN THIS ARTICLE
Boley
National Care Planning Council
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